Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,457,482,725
Number of Awards:
3,185
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 | $390,795,220 | 54 |
| Eaton | $231,352,014 | 260 |
| Emerson Electric | $87,349,737 | 114 |
| ITT Inc. | $82,384,360 | 101 |
| Giner | $73,521,204 | 151 |
| SPX Corp. | $64,925,068 | 120 |
| Danfoss | $57,359,282 | 30 |
| Parker-Hannifin | $50,766,641 | 191 |
| Luna Innovations | $48,967,153 | 146 |
| Precision Combustion Inc. | $44,691,424 | 109 |
Individual Subsidy Records:
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| Company | Parent | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Kaydon Ring and Seal, Inc. | SKF | Maryland | state | 2015 | $2,399 | tax credit/rebate | |
| Enidine Incorporated | ITT Inc. | New York | local | 2014 | $2,383 | tax credit/rebate | |
| Flowserve US, Inc. | Flowserve | North Carolina | state | 2016 | $2,348 | tax credit/rebate | |
| Flowserve | Flowserve | Utah | state | 2009 | $2,335 | training reimbursement | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2010 | $2,325 | tax credit/rebate | |
| KIMBALL ELECTRONICS | Kimball Electronics | Washington | state | 2017 | $2,310 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2010 | $2,263 | tax credit/rebate | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2011 | $2,250 | cost reimbursement | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2015 | $2,246 | tax credit/rebate | |
| Enidine Incorporated | ITT Inc. | New York | local | 2017 | $2,221 | tax credit/rebate | |
| Eaton Corporation | Eaton | Maryland | state | 2007 | $2,200 | training reimbursement | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2017 | $2,186 | tax credit/rebate | |
| Enidine Incorporated | ITT Inc. | New York | local | 2013 | $2,172 | tax credit/rebate; property tax abatement | |
| Enidine, Inc. | ITT Inc. | New York | Local | 2018 | $2,171 | tax credit/rebate | |
| Hale Products, Inc. | IDEX | North Carolina | state | 2015 | $2,129 | tax credit/rebate | |
| DOVER RESOURCES INC | Dover Corp. | Oklahoma | state | 2009 | $2,127 | grant | |
| Parker Hydraulics Systems | Parker-Hannifin | Michigan | state | 2014 | $2,120 | training reimbursement | |
| Fanuc Robotics America, Inc. | Fanuc | North Carolina | state | 2010 | $2,092 | tax credit/rebate | |
| HYDRO AIRE INC | Crane Co. | Washington | state | 2004 | $2,080 | tax credit/rebate | |
| SPX Cooling Technologies, Inc. | SPX Corp. | North Carolina | state | 2010 | $2,066 | tax credit/rebate | |
| Flowserve US, Inc. | Flowserve | Pennsylvania | state | 2017 | $2,064 | tax credit/rebate | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2010 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2010 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2010 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2010 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2010 | $2,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2010 | $2,000 | cost reimbursement | |
| Wurth Electronics Midcom | Wurth Group | South Dakota | state | 2012 | $2,000 | grant | |
| Graco | Graco | South Dakota | state | 2017 | $2,000 | grant | |
| Pentair Valves & Controls, Inc. | Pentair | North Carolina | state | 2015 | $1,942 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2011 | $1,932 | tax credit/rebate | |
| Eaton Hydraulics, Inc. | Eaton | Arkansas | state | 2009 | $1,920 | training reimbursement | |
| CRANE ELECTRONICS, INC. | Crane Co. | Washington | state | 2019 | $1,881 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Metso USA, Inc & Subsidiaries, Inc. | Neles | Colorado | state | $1,837 | tax credit/rebate | ||
| Hale Products, Inc. | IDEX | North Carolina | state | 2016 | $1,815 | tax credit/rebate | |
| Asco Power Technologies, LP | Emerson Electric | North Carolina | state | 2019 | $1,811 | tax credit/rebate | |
| CROWN EQUIPMENT CORP | Crown Equipment | Maine | state | 2018 | $1,782 | property tax abatement | |
| CROWN EQUIPMENT CORP | Crown Equipment | Maine | state | 2019 | $1,782 | property tax abatement | |
| Kennemetal, Inc. | Kennametal | Alabama | state | 2010 | $1,755 | cost reimbursement | |
| Kaydon Ring & Seal, Inc. | SKF | Maryland | state | 2017 | $1,734 | tax credit/rebate | |
| Voith Paper Fabrics & Roll System Inc | Voith | Oregon | state | 2010 | $1,720 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2019 | $1,641 | tax credit/rebate | |
| Fairmount Automation, Inc. | Colfax | Pennsylvania | state | 2011 | $1,631 | tax credit/rebate | |
| UPCO,INC | Dover Corp. | Oklahoma | state | 2009 | $1,619 | tax credit/rebate | |
| SKF USA INC | SKF | Oklahoma | state | 2012 | $1,605 | grant | |
| ITT Corporation | ITT Inc. | New York | Local | 2018 | $1,582 | tax credit/rebate | |
| Kaydon Ring and Seal, Inc. | SKF | Maryland | state | 2011 | $1,581 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2015 | $1,573 | tax credit/rebate | |
| US Synthetic | Dover Corp. | Utah | state | 2011 | $1,569 | training reimbursement | |
| The Babcock & Wilcox Company | Babcock & Wilcox | North Carolina | state | 2016 | $1,566 | tax credit/rebate | |
| SWAGELOK | Swagelok | Oregon | state | 2007 | $1,565 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Unified Industries, Inc. | Columbus McKinnon | Michigan | state | 2013 | $1,530 | grant | |
| Universal Instruments | Dover Corp. | New York | state | 2003 | $1,519 | enterprise zone | |
| PRECORP INC | Sandvik | Washington | state | 2019 | $1,514 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| Flow Control US Holding Corp | Pentair | North Carolina | state | 2016 | $1,455 | tax credit/rebate | |
| PASLODE CORPORATION AN ILLINOIS TOOL WORKS COMPANY | Illinois Tool Works | Arkansas | state | 2013 | $1,440 | training reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2012 | $1,420 | cost reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2012 | $1,420 | cost reimbursement | |
| Goulds Pumps PA Inc. | ITT Inc. | Pennsylvania | state | 2008 | $1,405 | tax credit/rebate | |
| SKF Polyseal Inc. | SKF | Utah | state | 2011 | $1,305 | training reimbursement | |
| ITW SHIPPERS | Illinois Tool Works | Arkansas | state | 2014 | $1,293 | training reimbursement | |
| Eaton Corporation | Eaton | Arkansas | state | 2010 | $1,285 | training reimbursement | |
| EATON CORPORATION | Eaton | Arkansas | state | 2014 | $1,280 | training reimbursement | |
| CROWN EQUIPMENT CORP | Crown Equipment | Maine | state | 2014 | $1,279 | property tax abatement | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2017 | $1,107 | tax credit/rebate | |
| Goulds Pumps Inc. | ITT Inc. | New York | local | 2012 | $1,084 | tax credit/rebate; property tax abatement | |
| Metso Minerals | Metso Outotec | Mississippi | state | 2009 | $1,065 | training reimbursement | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2016 | $1,063 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2015 | $1,046 | tax credit/rebate | |
| SMC CORP. OF AMERICA | SMC Corp. | Alabama | state | 2011 | $1,000 | cost reimbursement | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $102,387,486 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $87,439,193 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2011 | $85,641,079 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2011 | $34,256,432 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2014 | $26,989,066 | federal loan or loan guarantee | |
| Graco Inc. | Graco | United States | federal | 2011 | $25,000,000 | federal loan or loan guarantee | |
| Metso Minerals Industries Inc | Metso Outotec | United States | federal | 2013 | $22,151,325 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $20,586,637 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $18,068,380 | federal loan or loan guarantee | |
| Danfoss LLC | Danfoss | United States | federal | 2020 | $13,611,426 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2014 | $12,102,807 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| Crown Equipment Corporation | Crown Equipment | United States | federal | 2020 | $6,263,139 | federal loan or loan guarantee | |
| Liebert Corporation | Emerson Electric | United States | federal | 2007 | $6,241,794 | federal loan or loan guarantee |
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