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 |
|---|---|---|---|---|---|---|---|
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2004 | $460,789 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2004 | $99,927 | federal grant | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2004 | $146,745 | federal grant | |
| GINER INC | Giner | United States | federal | 2004 | $99,989 | federal grant | |
| GINER INC | Giner | United States | federal | 2004 | $99,983 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2004 | $280,383 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2004 | $99,990 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2004 | $100,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $357,701 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $230,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $212,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $200,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $125,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $67,299 | federal grant | |
| UQM TECHNOLOGIES INC | Danfoss | United States | federal | 2004 | $294,979 | federal grant | |
| UQM TECHNOLOGIES, INC | Danfoss | United States | federal | 2004 | $99,917 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2004 | $395,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2004 | $102,117 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2004 | $50,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2004 | $225,000 | federal grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | United States | federal | 2004 | $29,614 | federal grant | |
| SWAGELOK COMPANY | Swagelok | United States | federal | 2004 | $296,250 | federal grant | |
| TIMKEN CO | Timken | United States | federal | 2004 | $1,975,000 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2004 | $245,000 | federal grant | |
| WAUKESHA ELECTRIC SYSTEMS | SPX Corp. | United States | federal | 2004 | $200,000 | federal grant | |
| BABCOCK & WILCOX CO | Babcock & Wilcox | United States | federal | 2004 | $10,256 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $400,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2004 | $434,000 | federal grant | |
| Rimrock Corporation | Lincoln Electric Holdings | Ohio | local | 2004 | undisclosed | tax credit/rebate | |
| Goulds Pumps Administration, Inc. | ITT Inc. | New York | state | 2004 | $435,433 | enterprise zone | |
| Universal Instruments | Dover Corp. | New York | state | 2004 | $66,750 | enterprise zone | |
| THE TRANE COMPANY | Ingersoll-Rand | California | state | 2005 | $11,648 | training reimbursement | |
| EATON AEROSPACE | Eaton | California | state | 2005 | $59,280 | training reimbursement | |
| EATON AEROSPACE STERER FLUID CONTROLS | Eaton | California | state | 2005 | $94,775 | training reimbursement | |
| TYCO THERMAL CONTROLS LLC | Pentair | California | state | 2005 | $209,131 | training reimbursement | |
| NSK Corporation | NSK | Iowa | state | 2005 | $1,000,000 | grant/loan hybrid program | |
| NSK Corporation | NSK | Iowa | state | 2005 | $1,007,500 | loan or bond financing | |
| PENTAIR - Everpure | Pentair | Illinois | state | 2005 | undisclosed | tax credit/rebate | |
| PENTAIR - Everpure | Pentair | Illinois | state | 2005 | $39,998 | grant | |
| PENTAIR - Everpure | Pentair | Illinois | state | 2005 | $54,835 | grant | |
| Emerson Electric Co. | Emerson Electric | Kentucky | state | 2005 | $4,759,381 | tax credit/rebate | |
| ITW SUPERB PRODUCTS | Illinois Tool Works | Michigan | local | 2005 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Illinois Tool Works | Michigan | local | 2005 | undisclosed | property tax abatement | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Michigan | local | 2005 | undisclosed | property tax abatement | |
| Goulds Pump, Inc., | ITT Inc. | New York | local | 2005 | $279,708 | tax credit/rebate; property tax abatement | |
| Anorad Corporation | Rockwell Automation | New York | local | 2005 | $194,010 | tax credit/rebate; property tax abatement | |
| Emerson Power Transmission | Emerson Electric | New York | local | 2005 | $90,742 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel A) | Parker-Hannifin | New York | local | 2005 | $69,471 | tax credit/rebate; property tax abatement | |
| ITT Industries | ITT Inc. | New York | local | 2005 | $48,104 | tax credit/rebate; property tax abatement | |
| Dielectric Laboratories,Inc | Dover Corp. | New York | local | 2005 | $26,667 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel C) | Parker-Hannifin | New York | local | 2005 | $19,891 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel B) | Parker-Hannifin | New York | local | 2005 | $14,436 | tax credit/rebate; property tax abatement | |
| Dielectric Laboratories | Dover Corp. | New York | local | 2005 | $7,686 | tax credit/rebate; property tax abatement | |
| UPCHURCH SCIENTIFIC INC | IDEX | Washington | state | 2005 | undisclosed | tax credit/rebate | |
| ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2005 | $199,087 | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2005 | $88,787 | tax credit/rebate | |
| INTERPOINT CORP | Crane Co. | Washington | state | 2005 | $6,021 | tax credit/rebate | |
| Synetics Solutions, | Brooks Automation | Oregon | state | 2005 | undisclosed | training reimbursement | |
| Belden CDT Networking, Inc. | Belden | South Carolina | state | 2005 | undisclosed | tax credit/rebate | |
| G & B Specialties LLC | Westinghouse Air Brake Technologies (Wabtec) | New York | local | 2005 | $10,500 | grant | |
| Avborne Accessory Group, Inc. | Dover Corp. | Florida | state | 2005 | $210,000 | tax credit/rebate | |
| Danfoss Turbocor Compressors, Inc. | Danfoss | Florida | state | 2005 | $1,050,000 | tax credit/rebate | |
| ITT Industries | ITT Inc. | Florida | state | 2005 | $72,000 | tax credit/rebate | |
| Danfoss Turbocor Compressors, Inc. | Danfoss | Florida | state | 2005 | $650,000 | grant | |
| Sargent Controls & Aerospace | Dover Corp. | Arizona | state | 2005 | $234,782 | training reimbursement | |
| AVOCENT REDMOND CORP | Emerson Electric | Washington | state | 2005 | $11,393 | tax credit/rebate | |
| PARKER-HANNIFIN CORP | Parker-Hannifin | Indiana | local | 2005 | $145,990 | property tax abatement | |
| PARKER-HANNIFIN CORP | Parker-Hannifin | Indiana | local | 2005 | $38,390 | property tax abatement | |
| BioStorage Technologies, Inc. | Brooks Automation | Indiana | state | 2005 | $2,174,151 | tax credit/rebate | |
| Emerson Climate Technologies, Inc. | Emerson Electric | Indiana | state | 2005 | $1,135,200 | tax credit/rebate | |
| Dover Industrial Products, Inc. | Dover Corp. | Indiana | state | 2005 | $112,500 | training reimbursement | |
| ERICO International Corporation | Pentair | Ohio | state | 2005 | undisclosed | tax credit/rebate | |
| SKF | SKF | South Carolina | local | 2005 | undisclosed | property tax abatement | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2005 | $59,766 | federal grant | |
| EXTRUDE HONE CORPORATION | Kennametal | United States | federal | 2005 | $1,200,000 | federal grant | |
| KENNAMETAL INC | Kennametal | United States | federal | 2005 | $1,649,500 | federal grant | |
| EXTRUDE HONE CORPORATION | Kennametal | United States | federal | 2005 | $99,997 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2005 | $224,926 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2005 | $224,859 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2005 | $99,929 | federal grant | |
| GINER INC | Giner | United States | federal | 2005 | $250,000 | federal grant | |
| GINER INC | Giner | United States | federal | 2005 | $125,000 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2005 | $99,993 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2005 | $99,963 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2005 | $99,940 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2005 | $249,995 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2005 | $125,000 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2005 | $541,600 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2005 | $108,400 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $556,667 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $299,500 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $153,333 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $43,637 | federal grant | |
| UQM TECHNOLOGIES, INC | Danfoss | United States | federal | 2005 | $200,000 | federal grant | |
| UQM TECHNOLOGIES, INC | Danfoss | United States | federal | 2005 | $100,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2005 | $277,883 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2005 | $100,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2005 | $270,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2005 | $100,000 | federal grant | |
| SWAGELOK COMPANY | Swagelok | United States | federal | 2005 | $266,000 | federal grant | |
| THE BABCOCK & WILCOX COMPANY | Babcock & Wilcox | United States | federal | 2005 | $78,000 | federal grant |
