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 |
|---|---|---|---|---|---|---|---|
| Goulds Pumps ITT Industries | ITT Inc. | New York | state | 2014 | $25,073,327 | enterprise zone | |
| Hoffman Enclosures Inc. | Pentair | Kentucky | state | 1997 | $29,500,000 | tax credit/rebate | |
| Eaton Corporation | Eaton | Ohio | state | 2008 | $30,417,493 | tax credit/rebate | |
| ITT Corporation | ITT Inc. | Utah | state | 2011 | $33,656,000 | tax credit/rebate | |
| UQM TECHNOLOGIES, INC. | Danfoss | United States | federal | 2010 | $45,145,534 | federal grant | |
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2013 | $78,797,665 | federal grant | |
| Eaton | Eaton | Ohio | multiple | 2009 | $85,000,000 |
MEGADEAL  |
|
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2018 | $111,341,838 | federal grant | |
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2017 | $112,822,420 | federal grant |
