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 |
|---|---|---|---|---|---|---|---|
| TRANSWEB, LLC | Parker-Hannifin | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| The Trane Company and Millennium Court II LLC | Ingersoll-Rand | Ohio | local | 2009 | undisclosed | property tax abatement | |
| Kaydon Ring & Seal, Inc | SKF | Maryland | local | 2007 | undisclosed | enterprise zone | |
| Ark-Les Electronic Products Corp. | Illinois Tool Works | Massachusetts | state | 1998 | undisclosed | tax credit/rebate | |
| Instron Corporation | Illinois Tool Works | Massachusetts | state | 2004 | undisclosed | tax credit/rebate | |
| Magnemotion | Rockwell Automation | Massachusetts | state | 2008 | undisclosed | tax credit/rebate | |
| Sapphire Engineering, Inc. | IDEX | Massachusetts | state | 2008 | undisclosed | tax credit/rebate | |
| Tyco Valves & Controls, LP | Pentair | Massachusetts | state | 2008 | undisclosed | tax credit/rebate | |
| HELAC CORP | Parker-Hannifin | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| Trane Company | Ingersoll-Rand | Indiana | local | 2001 | undisclosed | property tax abatement | |
| Toledo Trans-Kit | SPX Corp. | Ohio | local | 1990 | undisclosed | enterprise zone | |
| Toledo Trans-Kit (amendment) | SPX Corp. | Ohio | local | 1995 | undisclosed | enterprise zone | |
| GE Transportation - Remanufacturing Services | Westinghouse Air Brake Technologies (Wabtec) | Missouri | local | 2008 | undisclosed | property tax abatement | |
| ITT Industries, Inc., and Affiliated Companies | ITT Inc. | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| NSK STEERING SYSTEMS | NSK | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| NSK STEERING SYSTEMS AMERICA, INC. | NSK | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| NSK STEERING SYSTEMS AMERICA, INC. | NSK | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| EATON AEROQUIP LLC | Eaton | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| NUMATICS, INC. | Emerson Electric | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| TRANE US, INC. | Ingersoll-Rand | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| LORD CORP | Lord Corporation | California | local | 2012 | undisclosed | tax credit/rebate | |
| NORDSON CORP | Nordson | California | local | 2012 | undisclosed | tax credit/rebate | |
| SKF RELIABILITY SYSTEMS | SKF | California | local | 2012 | undisclosed | tax credit/rebate | |
| Schaeffler Group USA Inc. | Schaeffler Technologies | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Hobart Brothers Company | Illinois Tool Works | Ohio | state | 1993 | undisclosed | tax credit/rebate | |
| Hobart Brothers Company | Illinois Tool Works | Ohio | state | 1993 | undisclosed | tax credit/rebate | |
| ITT Automotive | ITT Inc. | Ohio | state | 1993 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1994 | undisclosed | tax credit/rebate | |
| Crown Equipment Corporation | Crown Equipment | Ohio | state | 1994 | undisclosed | tax credit/rebate | |
| Eaton Aeroquip Corporation | Eaton | Ohio | state | 1994 | undisclosed | tax credit/rebate | |
| ITT Industries | ITT Inc. | Ohio | state | 1995 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1995 | undisclosed | tax credit/rebate | |
| Park-Ohio Industries, Inc. | Park-Ohio Holdings | Ohio | state | 1995 | undisclosed | tax credit/rebate | |
| Commercial Intertech Corp. | Parker-Hannifin | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| Graco Ohio Inc. | Graco | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| LuK USA LLC et al. | Schaeffler Technologies | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Pole/Zero Acquisition, Inc. | Dover Corp. | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Eaton Corporation | Eaton | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| J. W. Harris Co., Inc. | Lincoln Electric Holdings | Ohio | state | 1998 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1998 | undisclosed | tax credit/rebate | |
| Liebert North America, Inc. | Emerson Electric | Ohio | state | 2000 | undisclosed | tax credit/rebate | |
| LuK, Inc. et al. | Schaeffler Technologies | Ohio | state | 2002 | undisclosed | tax credit/rebate | |
| LORD Corporation | Lord Corporation | Ohio | state | 2003 | undisclosed | tax credit/rebate | |
| Liebert North America, Inc. | Emerson Electric | Ohio | state | 2004 | undisclosed | tax credit/rebate | |
| Rimrock Corporation | Lincoln Electric Holdings | Ohio | state | 2004 | undisclosed | tax credit/rebate | |
| KUKA Toledo Production Operations, LLC | KUKA AG | Ohio | state | 2004 | undisclosed | tax credit/rebate | |
| Pole/Zero Acquisition, Inc. | Dover Corp. | Ohio | state | 2004 | undisclosed | tax credit/rebate | |
| ERICO International Corporation | Pentair | Ohio | state | 2005 | undisclosed | tax credit/rebate | |
| Emerson Climate Technologies, Inc. | Emerson Electric | Ohio | state | 2006 | undisclosed | tax credit/rebate | |
| Graco Ohio Inc. | Graco | Ohio | state | 2006 | undisclosed | tax credit/rebate | |
| Pentair Electronic Packaging | Pentair | Rhode Island | state | 2009 | undisclosed | grant | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Donaldson Co., Inc. | Donaldson | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Numatics, Inc. | Emerson Electric | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Numatics, Inc. | Emerson Electric | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Timken Corp., The | Timken | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| NSK AMERICAN CORP | NSK | Illinois | local | 2012 | undisclosed | property tax abatement | |
| Eaton Aerospace | Eaton | South Carolina | local | 1998 | undisclosed | property tax abatement | |
| Eaton Aerospace | Eaton | South Carolina | local | 2013 | undisclosed | property tax abatement | |
| SKF | SKF | South Carolina | local | 2005 | undisclosed | property tax abatement | |
| SKF | SKF | South Carolina | local | 2013 | undisclosed | property tax abatement | |
| Baldwin Filters, Inc. | Parker-Hannifin | Nebraska | state | 2013 | undisclosed | tax credit/rebate | |
| TRANE U.S. INC. | Ingersoll-Rand | Texas | state | 2009 | undisclosed | enterprise zone | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Emerson Process Management LLP | Emerson Electric | Texas | local | 2010 | undisclosed | property tax abatement | |
| SNAP-ON INC. | Snap-on | California | state | 2014 | undisclosed | training reimbursement | |
| Thermo King Corporation | Ingersoll-Rand | Nebraska | state | 2014 | undisclosed | tax credit/rebate | |
| Schaeffler Group USA, Inc. | Schaeffler Technologies | South Carolina | state | 2014 | undisclosed | tax credit/rebate | |
| DOVER ENGINEERED SYSTEMS INC | Dover Corp. | Washington | state | 2010 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2010 | undisclosed | tax credit/rebate | |
| HYDRO AIRE INC | Crane Co. | Washington | state | 2010 | undisclosed | tax credit/rebate | |
| PARK OHIO FORGED & MACHINED PRODUCTS LLC | Park-Ohio Holdings | Washington | state | 2010 | undisclosed | tax credit/rebate | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2010 | undisclosed | tax credit/rebate | |
| DOVER ENGINEERED SYSTEMS INC | Dover Corp. | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| HYDRO AIRE INC | Crane Co. | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| PARK OHIO FORGED & MACHINED PRODUCTS LLC | Park-Ohio Holdings | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| PRECORP INC | Sandvik | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| PRECORP OF SOUTH CAROLINA INC | Sandvik | Washington | state | 2011 | undisclosed | tax credit/rebate | |
| DOVER ENGINEERED SYSTEMS INC | Dover Corp. | Washington | state | 2012 | undisclosed | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2012 | undisclosed | tax credit/rebate |
