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 |
|---|---|---|---|---|---|---|---|
| S&N Pump Company | SPX Corp. | United States | federal | 2002 | $495,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2016 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2015 | $500,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies Inc | Emerson Electric | United States | federal | 2016 | $1,000,000 | federal loan or loan guarantee | |
| Union Engineering North America, Llc | Pentair | United States | federal | 2015 | $2,067,462 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2016 | $2,500,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2015 | $2,500,000 | federal loan or loan guarantee | |
| Emerson Process Management | Emerson Electric | United States | federal | 2017 | $4,500,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2017 | $3,000,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2018 | $3,000,000 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2017 | $1,942,411 | federal loan or loan guarantee | |
| Harsco Rail, Div Of Harsco Corporation | Harsco | United States | federal | 2018 | $1,110,599 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2017 | $500,000 | federal loan or loan guarantee | |
| Sandvik Mining & Construction Usa Llc | Sandvik | United States | federal | 2017 | $2,722,150 | federal loan or loan guarantee | |
| Vilter Manufacturing Llc | Emerson Electric | United States | federal | 2017 | $930,334 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2019 | $3,000,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2019 | $500,000 | federal loan or loan guarantee | |
| Halox Technologies, Inc. n/k/a IDEX Health & Science | IDEX | Connecticut | state | 1998 | $3,500,000 | grant | |
| The Trane Company | Ingersoll-Rand | Georgia | state | 2003 | $340,000 | grant | |
| Timken Company | Timken | Georgia | state | 2007 | $800,000 | grant | |
| Timken Company | Timken | Georgia | state | 2007 | $500,000 | grant | |
| Baltimore Aircoil Co., Inc. | Amsted Industries | Illinois | state | 2004 | $64,689 | grant | |
| Baltimore Aircoil Co., Inc. | Amsted Industries | Illinois | state | 2004 | $79,000 | grant | |
| PENTAIR - Everpure | Pentair | Illinois | state | 2005 | $39,998 | grant | |
| PENTAIR - Everpure | Pentair | Illinois | state | 2005 | $54,835 | grant | |
| BOMAG Americas, Inc. | SPX Corp. | Illinois | state | 2010 | $25,000 | grant | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2004 | $1,602,000 | grant | |
| ASCO Power Technologies, L.P. | Emerson Electric | North Carolina | state | 2009 | $2,990,000 | grant | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2010 | $5,539,000 | grant | |
| Eaton Electrical, Inc. | Eaton | Pennsylvania | state | $200,000 | grant | ||
| General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | $800,000 | grant | ||
| Eaton Electrical, Inc. | Eaton | Pennsylvania | state | $600,000 | grant | ||
| Voith Hydro, Inc. | Voith | Pennsylvania | state | $425,000 | grant | ||
| General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | $250,000 | grant | ||
| General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | $250,000 | grant | ||
| Hydromotion, Inc. | Dover Corp. | Pennsylvania | state | $220,000 | grant | ||
| CLARCOR Air Filtration Products Inc | Parker-Hannifin | Pennsylvania | state | $200,000 | grant | ||
| Veeder-Root Company | Fortive | Pennsylvania | state | $150,000 | grant | ||
| Lord Corporation | Lord Corporation | Pennsylvania | state | $100,000 | grant | ||
| Elliott Company | Ebara | Pennsylvania | state | $100,000 | grant | ||
| Harsco Corporation | Harsco | Pennsylvania | state | $100,000 | grant | ||
| EBARA Solar, Inc. | Ebara | Pennsylvania | state | $100,000 | grant | ||
| Timken Corporation | Timken | Virginia | state | 2006 | $150,000 | grant | |
| The Trane Company | Ingersoll-Rand | Florida | state | 1995 | $1,576,439 | grant | |
| Rockwell Automation | Rockwell Automation | Wisconsin | state | 2011 | $240,000 | grant | |
| Eaton Corporation | Eaton | Kansas | state | 2008 | $150,000 | grant | |
| SKF Aeroengines | SKF | New York | state | 2008 | $550,000 | grant | |
| G & B Specialties LLC | Westinghouse Air Brake Technologies (Wabtec) | New York | local | 2005 | $10,500 | grant | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | state | 2012 | $279,999 | grant | |
| Eaton Corporation | Eaton | North Carolina | state | 2011 | $957,100 | grant | |
| LORD Corporation | Lord Corporation | North Carolina | state | 2011 | $1,308,750 | grant | |
| Snap-On Tools, LLC | Snap-on | Tennessee | state | 2012 | $198,380 | grant | |
| GE Transportation | Westinghouse Air Brake Technologies (Wabtec) | Texas | state | 2011 | $4,200,000 | grant | |
| Danfoss Turbocor Compressors, Inc. | Danfoss | Florida | state | 2005 | $650,000 | grant | |
| Emerson Process Management, LLLP | Emerson Electric | Florida | state | 2011 | $250,000 | grant | |
| Franklin Electric Company | Franklin Electric | New Jersey | state | 2007 | $424,508 | grant | |
| CARDINAL FASTENER | Wurth Group | Ohio | state | 2009 | $10,000 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2009 | $1,500,000 | grant | |
| KENNAMETAL INC | Kennametal | Ohio | state | 2009 | $60,000 | grant | |
| LIEBERT NORTH AMERICA | Emerson Electric | Ohio | state | 2009 | $75,000 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2010 | $1,500,000 | grant | |
| VOITH HYDRO INC | Voith | Ohio | state | 2010 | $100,000 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2011 | $1,500,000 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2012 | $1,500,000 | grant | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2010 | $150,000 | grant | |
| LIEBERT NORTH AMERICA | Emerson Electric | Ohio | state | 2011 | $120,000 | grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2012 | $1,000,000 | grant | |
| 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 | |
| BABCOCK & WILCOX COMPANY | Babcock & Wilcox | Ohio | state | 2009 | $15,000 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2009 | $138,750 | grant | |
| EATON INOAC COMPANY | Eaton | Ohio | state | 2009 | $30,000 | grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2009 | $75,000 | grant | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2009 | $7,500 | grant | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2009 | $52,000 | grant | |
| BABCOCK & WILCOX COMPANY | Babcock & Wilcox | Ohio | state | 2010 | $32,500 | grant | |
| ERICO INTERNATIONAL CORP | Pentair | Ohio | state | 2010 | $10,563 | grant | |
| KENNAMETAL INC | Kennametal | Ohio | state | 2010 | $22,500 | grant | |
| VOITH HYDRO INC | Voith | Ohio | state | 2010 | $18,300 | grant | |
| WAYNE TRAIL TECHNOLOGIES | Lincoln Electric Holdings | Ohio | state | 2010 | $22,000 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2012 | $80,000 | grant | |
| J W HARRIS CO INC | Lincoln Electric Holdings | Ohio | state | 2012 | $75,000 | grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2012 | $250,000 | grant | |
| KENNAMETAL INC | Kennametal | Ohio | state | 2008 | $30,000 | grant | |
| LORD CORPORATION | Lord Corporation | Ohio | state | 2008 | $9,000 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2013 | $159,988 | grant | |
| EATON AEROQUIP LLC | Eaton | Ohio | state | 2013 | $19,500 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2013 | $5,535 | grant | |
| ERICO INTERNATIONAL CORP | Pentair | Ohio | state | 2013 | $40,895 | grant | |
| HYDRO SYSTEMS COMPANY | Dover Corp. | Ohio | state | 2013 | $14,994 | grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2013 | $127,027 | grant | |
| LORD CORPORATION | Lord Corporation | Ohio | state | 2013 | $23,646 | grant | |
| LUK USA LLC | Schaeffler Technologies | Ohio | state | 2013 | $17,202 | grant | |
| SCHAEFER EQUIPMENT INC | Westinghouse Air Brake Technologies (Wabtec) | Ohio | state | 2013 | $4,725 | grant | |
| SWAGELOK COMPANY | Swagelok | Ohio | state | 2013 | $270,531 | grant | |
| SWAGELOK HY-LEVEL COMPANY | Swagelok | Ohio | state | 2013 | $22,393 | grant | |
| SWAGELOK MANUFACTURING | Swagelok | Ohio | state | 2013 | $174,044 | grant | |
| SWAGELOK MARKETING SERVICES COMPANY | Swagelok | Ohio | state | 2013 | $10,162 | grant | |
| THERM-O-DISC INC | Emerson Electric | Ohio | state | 2013 | $96,116 | grant | |
| VOITH HYDRO INC | Voith | Ohio | state | 2013 | $90,073 | grant |
