Subsidy Tracker: Industry Summary Page

Major Industry: 
industrial equipment
Subsidy Total: 
Number of Awards: 
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.


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 CompaniesTotal Subsidy $Number of Awards
Babcock & Wilcox$388,060,18153
Emerson Electric$87,079,357111
ITT Inc.$82,304,68397
SPX Corp.$64,662,204106
Luna Innovations$37,176,874132

Individual Subsidy Records:

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Company Parent Location Subsidy Sourcesort icon Year Subsidy Value Loan/Bailout Value Type of Subsidy
Kaydon Ring & Seal, Inc. SKF Maryland state 2018 $3,666 tax credit/rebate
Flowserve US Inc. Flowserve Maryland state 2018 $3,495 tax credit/rebate
SCHAEFFLER GROUP USA, INC. (FAG BEARING) Schaeffler Technologies Missouri state 2019 $449,900 tax credit/rebate
Graco Graco South Dakota state 2019 $4,000 grant
NSK Steering Systems America NSK Vermont state 2019 $25,290 training reimbursement
Eaton Crouse-Hinds, LLC Eaton Virginia state 2017 $100,270 training reimbursement
Wolverine Advanced Materials ITT Inc. Virginia state 2017 $80,197 training reimbursement
ITT Industries Inc ITT Inc. West Virginia state 2008 undisclosed tax credit/rebate
Nordson Extrusion Dies Industries, LLC Nordson Wisconsin state 2018 $159,200 grant
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