Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,409,554,012
Number of Awards:
3,009
Time Period:
Earliest year of data: 1989. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2011.
Notes:
The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.
| Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Babcock & Wilcox | $388,060,181 | 53 |
| Eaton | $209,355,259 | 236 |
| Emerson Electric | $87,079,357 | 111 |
| ITT Inc. | $82,304,683 | 97 |
| Giner | $66,670,312 | 141 |
| SPX Corp. | $64,662,204 | 106 |
| Danfoss | $57,359,282 | 30 |
| Parker-Hannifin | $49,107,228 | 176 |
| Timken | $40,424,345 | 38 |
| Luna Innovations | $37,176,874 | 132 |
Individual Subsidy Records:
| Company | Parent | Location | Subsidy Source |
Year |
Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Voith Paper Fabrics Shreveport, Inc. | Voith | Louisiana | state | 2009 | $89,262 | property tax abatement | |
| TransForm Automotive | Amsted Industries | Michigan | state | 2009 | $75,500 | training reimbursement | |
| ITW Workholding | Illinois Tool Works | Michigan | state | 2009 | $25,000 | training reimbursement | |
| TransForm Automotive | Amsted Industries | Michigan | state | 2009 | $6,000 | training reimbursement | |
| ITW/Heartland | Illinois Tool Works | Minnesota | state | 2009 | undisclosed | training reimbursement | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2009 | $586,658 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll-Rand | North Carolina | state | 2009 | $516,065 | tax credit/rebate | |
| Eaton Electrical, Inc. | Eaton | North Carolina | state | 2009 | $402,000 | tax credit/rebate | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2009 | $326,939 | tax credit/rebate | |
| APV North America, Inc. | SPX Corp. | North Carolina | state | 2009 | $250,000 | tax credit/rebate | |
| Waukesha Electric Systems, Inc. | SPX Corp. | North Carolina | state | 2009 | $187,500 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2009 | $135,000 | tax credit/rebate | |
| Timken Company, The | Timken | North Carolina | state | 2009 | $102,687 | tax credit/rebate | |
| Marley-Wylain Company, The | SPX Corp. | North Carolina | state | 2009 | $52,275 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2009 | $21,307 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2009 | $18,750 | tax credit/rebate | |
| Eaton Aeroquip, Inc. | Eaton | North Carolina | state | 2009 | $17,248 | tax credit/rebate | |
| ASCO Power Technologies, L.P. | Emerson Electric | North Carolina | state | 2009 | $2,990,000 | grant | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2009 | $381,360 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2009 | $52,076 | tax credit/rebate | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2009 | $459,528 | tax credit/rebate; property tax abatement | |
| Precision Estates/Anorad Corporation | Rockwell Automation | New York | local | 2009 | $246,484 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2009 | $153,176 | tax credit/rebate; property tax abatement | |
| Emerson Power Transmission | Emerson Electric | New York | local | 2009 | $61,517 | tax credit/rebate; property tax abatement | |
| Rayco, Inc.(formerly Airtech) (Parcel C SBL 105.00-2-6/C) | Parker-Hannifin | New York | local | 2009 | $25,273 | tax credit/rebate; property tax abatement | |
| Rayco, Inc.(formerly Airtech) (Parcel A SBL 105.00-2-6/A) | Parker-Hannifin | New York | local | 2009 | $22,222 | tax credit/rebate; property tax abatement | |
| ITT Corporation | ITT Inc. | New York | local | 2009 | $22,218 | tax credit/rebate; property tax abatement | |
| Rayco, Inc.(formerly Airtech) (Parcel B SBL 105.00-2-6/B) | Parker-Hannifin | New York | local | 2009 | $14,000 | tax credit/rebate; property tax abatement | |
| Enidine Incorporated | ITT Inc. | New York | local | 2009 | $9,808 | tax credit/rebate; property tax abatement | |
| Nordson Corporation | Nordson | Ohio | state | 2009 | undisclosed | enterprise zone | |
| Eaton Electrical, Inc. | Eaton | Pennsylvania | state | 2009 | $98,147 | tax credit/rebate | |
| Kennametal Inc. | Kennametal | Pennsylvania | state | 2009 | $65,254 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2009 | $56,901 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | Pennsylvania | state | 2009 | $15,244 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | Pennsylvania | state | 2009 | $3,978 | tax credit/rebate | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2009 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2009 | undisclosed | tax credit/rebate | |
| HYDRO AIRE INC | Crane Co. | Washington | state | 2009 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2009 | $242,704 | tax credit/rebate | |
| INTERPOINT CORP | Crane Co. | Washington | state | 2009 | $67,601 | tax credit/rebate | |
| ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2009 | $26,216 | tax credit/rebate | |
| PARKER HANNIFIN CORP & SUB | Parker-Hannifin | Maine | state | 2009 | $201,643 | property tax abatement | |
| COOPER WIRING DEVICES INC | Eaton | Maine | state | 2009 | $50,202 | property tax abatement | |
| CROWN EQUIPMENT CORP | Crown Equipment | Maine | state | 2009 | $17,683 | property tax abatement | |
| SPX CORPORATION | SPX Corp. | Maine | state | 2009 | $14,699 | property tax abatement | |
| PORTLAND VALVE LLC | Colfax | Maine | state | 2009 | $13,324 | property tax abatement | |
| Baltimore Aircoil Company, Inc. | Amsted Industries | Delaware | state | 2009 | $166,000 | grant/loan hybrid program | |
| Hill Phoenix | Dover Corp. | Virginia | state | 2009 | $47,000 | training reimbursement | |
| Kennametal, Inc. | Kennametal | South Carolina | state | 2009 | undisclosed | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | South Carolina | state | 2009 | undisclosed | tax credit/rebate | |
| Eaton Aerospace | Eaton | Mississippi | state | 2009 | $8,831 | training reimbursement | |
| Parker Hannifin | Parker-Hannifin | Mississippi | state | 2009 | $3,510 | training reimbursement | |
| ITW Paslode | Illinois Tool Works | Mississippi | state | 2009 | $7,350 | training reimbursement | |
| Cooper Power Systems | Eaton | Mississippi | state | 2009 | $8,945 | training reimbursement | |
| YUBA HEAT TRANSFER | SPX Corp. | Oklahoma | state | 2009 | $19,852 | training reimbursement | |
| Flowserve | Flowserve | Utah | state | 2009 | $2,335 | training reimbursement | |
| Parker Hannifin Corporation | Parker-Hannifin | Utah | state | 2009 | $2,605 | training reimbursement | |
| Illinois Tool Works. dba Magnaflux | Illinois Tool Works | Iowa | state | 2009 | $95,000 | training reimbursement | |
| ITW Shippers Products | Illinois Tool Works | Arkansas | state | 2009 | $5,102 | training reimbursement | |
| Eaton Corporation | Eaton | Arkansas | state | 2009 | $2,460 | training reimbursement | |
| Eaton Hydraulics, Inc. | Eaton | Arkansas | state | 2009 | $1,920 | training reimbursement | |
| ITW Shippers | Illinois Tool Works | Arkansas | state | 2009 | $2,997 | training reimbursement | |
| ITW DRAWFORM | Illinois Tool Works | Michigan | local | 2009 | undisclosed | property tax abatement | |
| EMERSON INDUSTRIAL AUTOMATION AKA NUMATICS INC | Emerson Electric | Michigan | local | 2009 | undisclosed | property tax abatement | |
| The Trane Company and Millennium Court II LLC | Ingersoll-Rand | Ohio | local | 2009 | undisclosed | property tax abatement | |
| Parker Hannifin | Parker-Hannifin | Mississippi | state | 2009 | $200,000 | grant/loan hybrid program | |
| Quantum Marketing, Inc. | Illinois Tool Works | Florida | state | 2009 | $90,000 | tax credit/rebate | |
| Eaton | Eaton | Ohio | multiple | 2009 | $85,000,000 |
MEGADEAL  |
|
| CARDINAL FASTENER | Wurth Group | Ohio | state | 2009 | $10,000 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2009 | $1,500,000 | grant | |
| KENNAMETAL INC | Kennametal | Ohio | state | 2009 | $60,000 | grant | |
| LIEBERT NORTH AMERICA | Emerson Electric | Ohio | state | 2009 | $75,000 | grant | |
| CARDINAL FASTENER | Wurth Group | Ohio | state | 2009 | $500,000 | loan or bond financing | |
| BABCOCK & WILCOX COMPANY | Babcock & Wilcox | Ohio | state | 2009 | $15,000 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2009 | $138,750 | grant | |
| EATON INOAC COMPANY | Eaton | Ohio | state | 2009 | $30,000 | grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2009 | $75,000 | grant | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2009 | $7,500 | grant | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2009 | $52,000 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2009 | $857,246 | grant/loan hybrid program | |
| Voith Hydro, Inc. | Voith | Ohio | state | 2009 | $184,378 | tax credit/rebate | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | Ohio | state | 2009 | $181,444 | tax credit/rebate | |
| CLARCOR AIR FILTRATION PRODUCTS, INC | Parker-Hannifin | Oklahoma | state | 2009 | $18,847 | tax credit/rebate | |
| CORKEN,INC | IDEX | Oklahoma | state | 2009 | $21,325 | tax credit/rebate | |
| TULSA WINCH,INC | Dover Corp. | Oklahoma | state | 2009 | $44,988 | tax credit/rebate | |
| UPCO,INC | Dover Corp. | Oklahoma | state | 2009 | $1,619 | tax credit/rebate | |
| DOVER RESOURCES INC | Dover Corp. | Oklahoma | state | 2009 | $2,127 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2009 | $37,576 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2009 | $39,139 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2009 | $41,547 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2009 | $53,158 | grant | |
| METCRAFT INC | Dover Corp. | Oklahoma | state | 2009 | $16,231 | grant | |
| METCRAFT INC | Dover Corp. | Oklahoma | state | 2009 | $16,501 | grant | |
| YUBA HEAT TRANSFER LLC | SPX Corp. | Oklahoma | state | 2009 | $9,512 | grant | |
| YUBA HEAT TRANSFER LLC | SPX Corp. | Oklahoma | state | 2009 | $12,721 | grant | |
| AMERICAN STANDARD INC | Ingersoll-Rand | Indiana | local | 2009 | $18,370 | property tax abatement | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | Indiana | local | 2009 | $1,588,610 | property tax abatement | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2009 | $3,000,000 | tax credit/rebate | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2009 | $1,100,000 | tax credit/rebate | |
| Franklin Electric Co., Inc. | Franklin Electric | Indiana | state | 2009 | $35,000 | tax credit/rebate | |
| Franklin Electric Co., Inc. | Franklin Electric | Indiana | state | 2009 | $90,000 | training reimbursement |
