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 |
|---|---|---|---|---|---|---|---|
| Metso Minerals Industries Inc | Metso Outotec | United States | federal | 2013 | $3,232,763 | federal loan or loan guarantee | |
| Metso Minerals Industries Inc | Metso Outotec | United States | federal | 2013 | $22,151,325 | federal loan or loan guarantee | |
| Mfic Corporation | IDEX | United States | federal | 2007 | $1,750,000 | federal loan or loan guarantee | |
| Nordson Corporation | Nordson | United States | federal | 2007 | $158,768 | federal loan or loan guarantee | |
| O'Neil Product Development, Inc. | Dover Corp. | United States | federal | 2007 | $1,000,000 | federal loan or loan guarantee | |
| O'Neil Product Development, Inc. | Dover Corp. | United States | federal | 2008 | $1,500,000 | federal loan or loan guarantee | |
| Pacific Polymers Inc | Illinois Tool Works | United States | federal | 2007 | $1,000,000 | federal loan or loan guarantee | |
| Pacific Polymers Inc | Illinois Tool Works | United States | federal | 2008 | $1,300,000 | federal loan or loan guarantee | |
| Paksense, Inc. | Emerson Electric | United States | federal | 2010 | $225,000 | federal loan or loan guarantee | |
| Paksense, Inc. | Emerson Electric | United States | federal | 2012 | $225,000 | federal loan or loan guarantee | |
| Paksense, Inc. | Emerson Electric | United States | federal | 2012 | $225,000 | federal loan or loan guarantee | |
| Perry Equipment Corporation | Parker-Hannifin | United States | federal | 2007 | $2,700,000 | federal loan or loan guarantee | |
| Rotary Lift | Dover Corp. | United States | federal | 2008 | $450,000 | federal loan or loan guarantee | |
| Saturn Fasteners Inc | Fontana Gruppo | United States | federal | 2007 | $350,000 | federal loan or loan guarantee | |
| Saturn Fasteners Inc | Fontana Gruppo | United States | federal | 2008 | $350,000 | federal loan or loan guarantee | |
| Spx Cooling Technologies, Inc. | SPX Corp. | United States | federal | 2014 | $72,913 | federal loan or loan guarantee | |
| Spx Cooling Technologies, Inc. | SPX Corp. | United States | federal | 2014 | $2,382,487 | federal loan or loan guarantee | |
| Spx Corporation | SPX Corp. | United States | federal | 2011 | $4,601,050 | federal loan or loan guarantee | |
| Transweb Llc | Parker-Hannifin | United States | federal | 2010 | $450,000 | federal loan or loan guarantee | |
| Tyco Valves And Controls Lp | Pentair | United States | federal | 2008 | $532,816 | federal loan or loan guarantee | |
| Vmonitor Inc | Rockwell Automation | United States | federal | 2007 | $3,000,000 | federal loan or loan guarantee | |
| Vmonitor Inc | Rockwell Automation | United States | federal | 2008 | $3,000,000 | federal loan or loan guarantee | |
| Vmonitor Inc. | Rockwell Automation | United States | federal | 2007 | $3,375,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2011 | $500,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2010 | $1,000,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2011 | $1,500,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2012 | $1,500,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2008 | $2,000,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2009 | $2,000,000 | federal loan or loan guarantee | |
| Autoform Tool & Manufacturing Inc. | Park-Ohio Holdings | United States | federal | 2013 | $1,704,000 | federal loan or loan guarantee | |
| Autoform Tool & Manufacturing Inc. | Park-Ohio Holdings | United States | federal | 2013 | $2,610,000 | federal loan or loan guarantee | |
| Ricon, LLC | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2014 | $2,000,000 | federal loan or loan guarantee | |
| Sure Power, Inc. | Eaton | United States | federal | 2014 | $2,839,300 | federal loan or loan guarantee | |
| ADVANCED THIN FILMS LLC | IDEX | United States | federal | 2007 | $2,314,000 | federal loan or loan guarantee | |
| ENERGY SOLUTIONS INTERNATIONAL | Emerson Electric | United States | federal | 2007 | $1,374,000 | federal loan or loan guarantee | |
| S & N PUMP COMPANY | SPX Corp. | United States | federal | 2008 | $1,762,000 | federal loan or loan guarantee | |
| 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 | |
| Graham Corporation | Graham Corp. | United States | federal | 2019 | $225,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2019 | $500,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2021 | $3,000,000 | federal loan or loan guarantee | |
| Crown Equipment Corporation | Crown Equipment | United States | federal | 2020 | $6,263,139 | federal loan or loan guarantee | |
| Danfoss LLC | Danfoss | United States | federal | 2020 | $13,611,426 | federal loan or loan guarantee | |
| Halox Technologies, Inc. n/k/a IDEX Health & Science | IDEX | Connecticut | state | 1998 | $3,500,000 | 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 | |
| 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 |
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