Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,512,000,025
Number of Awards:
3,205
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 2012.
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 | $380,815,103 | 48 |
| Eaton | $247,856,822 | 265 |
| Emerson Electric | $84,716,653 | 97 |
| Giner | $83,141,064 | 162 |
| ITT Inc. | $82,411,995 | 104 |
| SPX Corp. | $61,143,853 | 102 |
| Luna Innovations | $59,077,156 | 155 |
| Danfoss | $57,373,282 | 31 |
| Parker-Hannifin | $51,064,141 | 193 |
| Precision Combustion Inc. | $47,005,709 | 110 |
Individual Subsidy Records:
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| Company | Parent | Location | Subsidy Source |
Year |
Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Timken US Corporation | Timken | North Carolina | state | 2008 | $100,000 | tax credit/rebate | |
| Timken Company, The | Timken | North Carolina | state | 2008 | $85,000 | tax credit/rebate | |
| Timken Company, The | Timken | North Carolina | state | 2008 | $77,250 | tax credit/rebate | |
| Waukesha Electric Systems, Inc. | SPX Corp. | North Carolina | state | 2008 | $71,763 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2008 | $28,610 | tax credit/rebate | |
| Timken US Corporation | Timken | North Carolina | state | 2008 | $25,410 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2008 | $3,486 | tax credit/rebate | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2008 | $1,789,213 | tax credit/rebate | |
| Timken Company, The | Timken | North Carolina | state | 2008 | $940,540 | tax credit/rebate | |
| Marley-Wylain Company, The | SPX Corp. | North Carolina | state | 2008 | $638,120 | tax credit/rebate | |
| Timken US Corporation | Timken | North Carolina | state | 2008 | $450,000 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2008 | $340,359 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2008 | $272,070 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll Rand | North Carolina | state | 2008 | $207,644 | tax credit/rebate | |
| Eaton Aeroquip, Inc. | Eaton | North Carolina | state | 2008 | $122,855 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2008 | $111,324 | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | North Carolina | state | 2008 | $103,307 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2008 | $75,000 | tax credit/rebate | |
| Nacco Materials Handling Group, Inc. | Hyster-Yale Materials Handling | North Carolina | state | 2008 | $32,000 | tax credit/rebate | |
| Lydall Thermal/Acoustical, Inc. | Lydall | North Carolina | state | 2008 | $29,019 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2008 | $23,500 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2008 | $22,295 | tax credit/rebate | |
| Purolator EFP, LLC | Parker-Hannifin | North Carolina | state | 2008 | $5,642 | tax credit/rebate | |
| Purolator Advanced Filtration Group | Parker-Hannifin | North Carolina | state | 2008 | $5,000 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2008 | $4,500 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2008 | $3,500 | tax credit/rebate | |
| Fisher Controls Intl. | Emerson Electric | New Hampshire | state | 2008 | $17,424 | training reimbursement | |
| Lydall | Lydall | New Hampshire | state | 2008 | $29,700 | training reimbursement | |
| Eaton Corporation | Eaton | Ohio | state | 2008 | $30,417,493 | tax credit/rebate | |
| Eaton Electrical Inc. | Eaton | Pennsylvania | state | 2008 | $292,429 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2008 | $108,981 | tax credit/rebate | |
| Kennametal Inc. | Kennametal | Pennsylvania | state | 2008 | $53,215 | tax credit/rebate | |
| Illinois Tool Works Inc. | Illinois Tool Works | Pennsylvania | state | 2008 | $36,287 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | Pennsylvania | state | 2008 | $23,302 | tax credit/rebate | |
| Signal Technologies, Inc. | Crane Co. | Pennsylvania | state | 2008 | $12,146 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | Pennsylvania | state | 2008 | $6,843 | tax credit/rebate | |
| Goulds Pumps PA Inc. | ITT Inc. | Pennsylvania | state | 2008 | $1,405 | tax credit/rebate | |
| Tektronix | Fortive | Texas | state | 2008 | undisclosed | property tax abatement | |
| NSK Steering Systems America | NSK | Vermont | state | 2008 | $19,800 | training reimbursement | |
| HYDRO AIRE INC | Crane Co. | Washington | state | 2008 | undisclosed | tax credit/rebate | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2008 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2008 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2008 | $258,042 | tax credit/rebate | |
| INTERPOINT CORP | Crane Co. | Washington | state | 2008 | $67,960 | tax credit/rebate | |
| RUDOLPH TECHNOLOGIES INC | Onto Innovation Inc. | Washington | state | 2008 | $36,720 | tax credit/rebate | |
| ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2008 | $12,103 | tax credit/rebate | |
| UPCHURCH SCIENTIFIC INC | IDEX Corp. | Washington | state | 2008 | $6,539 | tax credit/rebate | |
| GrafTech International Holdings, Inc. | GrafTech International | West Virginia | state | 2008 | $136,348 | training reimbursement | |
| Metso Power | Neles | West Virginia | state | 2008 | $12,625 | training reimbursement | |
| Eaton Corporation | Eaton | Kansas | state | 2008 | $150,000 | grant | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | Nevada | state | 2008 | $179,515 | tax credit/rebate | |
| SKF Aeroengines | SKF | New York | state | 2008 | $550,000 | grant | |
| Sauer-Danfoss, Inc. | Danfoss | Iowa | state | 2008 | $1,125,611 | training reimbursement | |
| Hill PHOENIX (Barker Specialty Products by Hill PHOENIX) | Dover Corp. | Iowa | state | 2008 | $866,359 | training reimbursement | |
| Atlas Copco Drilling Solutions LLC | Atlas Copco | Texas | local | 2008 | undisclosed | tax credit/rebate | |
| UNIFIED BRANDS INC | Dover Corp. | Michigan | local | 2008 | undisclosed | property tax abatement | |
| EATON CORPORATION | Eaton | Michigan | local | 2008 | undisclosed | property tax abatement | |
| SECO TOOLS INC | Sandvik | Michigan | local | 2008 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Illinois Tool Works | Michigan | local | 2008 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Illinois Tool Works | Michigan | local | 2008 | undisclosed | property tax abatement | |
| ASCO NUMATICS EMERSON | Emerson Electric | Michigan | local | 2008 | undisclosed | property tax abatement | |
| KADANT JOHNSON INC | Kadant Inc. | Michigan | local | 2008 | undisclosed | property tax abatement | |
| SWEEPSTER ATTACHMENTS LLC | Dover Corp. | Michigan | local | 2008 | undisclosed | property tax abatement | |
| NACCO MATERIALS HANDLING | Hyster-Yale Materials Handling | Alabama | state | 2008 | $9,000 | cost reimbursement | |
| Magnemotion | Rockwell Automation | Massachusetts | state | 2008 | undisclosed | tax credit/rebate | |
| Sapphire Engineering, Inc. | IDEX Corp. | Massachusetts | state | 2008 | undisclosed | tax credit/rebate | |
| Tyco Valves & Controls, LP | Pentair | Massachusetts | state | 2008 | undisclosed | tax credit/rebate | |
| Precision Estates/Anorad Corporation | Rockwell Automation | New York | local | 2008 | $222,950 | tax credit/rebate; property tax abatement | |
| Rayco, Inc.(formerly Airtech) (Parcel B SBL 105.00-2-6/B) | Parker-Hannifin | New York | local | 2008 | $13,849 | tax credit/rebate; property tax abatement | |
| Rayco, Inc.(formerly Airtech) (Parcel C SBL 105.00-2-6/C) | Parker-Hannifin | New York | local | 2008 | $25,002 | tax credit/rebate; property tax abatement | |
| Rayco, Inc.(formerly Airtech) (Parcel A SBL 105.00-2-6/A) | Parker-Hannifin | New York | local | 2008 | $21,985 | tax credit/rebate; property tax abatement | |
| Enidine Incorporated | ITT Inc. | New York | local | 2008 | $195,040 | tax credit/rebate; property tax abatement | |
| Goulds Pumps Inc. | ITT Inc. | New York | local | 2008 | $11,413 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2008 | $649,878 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2008 | $216,626 | tax credit/rebate; property tax abatement | |
| ITT Corporation | ITT Inc. | New York | local | 2008 | $677,169 | tax credit/rebate; property tax abatement | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2008 | $800,000 | loan or bond financing | |
| ERICO INTERNATIONAL CORP | Pentair | Ohio | state | 2008 | $39,437 | grant | |
| OPW ENGINEERED SYSTEMS INC | Dover Corp. | Ohio | state | 2008 | $5,500 | grant | |
| TIMKEN COMPANY | Timken | Ohio | state | 2008 | $50,000 | grant | |
| KENNAMETAL INC | Kennametal | Ohio | state | 2008 | $30,000 | grant | |
| LORD CORPORATION | Lord Corporation | Ohio | state | 2008 | $9,000 | grant | |
| Eaton Corporation | Eaton | Ohio | state | 2008 | $17,670,632 | tax credit/rebate | |
| Hydro Systems Company | Dover Corp. | Ohio | state | 2008 | $79,579 | tax credit/rebate | |
| Kennemetal Inc. | Kennametal | Ohio | state | 2008 | $85,780 | tax credit/rebate | |
| Liebert North America, Inc. | Emerson Electric | Ohio | state | 2008 | $91,714 | tax credit/rebate | |
| Snap-on Business Solutions | Snap-on | Ohio | state | 2008 | $425,623 | tax credit/rebate | |
| CORKEN,INC | IDEX Corp. | Oklahoma | state | 2008 | $18,703 | tax credit/rebate | |
| DP MANUFACTURING,INC | Dover Corp. | Oklahoma | state | 2008 | $16,024 | tax credit/rebate | |
| EATON HYDRAULICS INC | Eaton | Oklahoma | state | 2008 | $127,822 | tax credit/rebate | |
| FACET USA,INC | Parker-Hannifin | Oklahoma | state | 2008 | $58,000 | tax credit/rebate | |
| DOVER RESOURCES INC | Dover Corp. | Oklahoma | state | 2008 | $21,855 | grant | |
| DOVER RESOURCES INC | Dover Corp. | Oklahoma | state | 2008 | $26,088 | grant | |
| DOVER RESOURCES INC | Dover Corp. | Oklahoma | state | 2008 | $27,296 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2008 | $19,981 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2008 | $24,747 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2008 | $31,856 | grant | |
| HARSCO CORP | Harsco | Oklahoma | state | 2008 | $46,182 | grant | |
| METCRAFT INC | Dover Corp. | Oklahoma | state | 2008 | $11,384 | grant | |
| METCRAFT INC | Dover Corp. | Oklahoma | state | 2008 | $15,194 | grant | |
| METCRAFT INC | Dover Corp. | Oklahoma | state | 2008 | $16,649 | grant |
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