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 |
|---|---|---|---|---|---|---|---|
| Band-It IDEX | IDEX | Colorado | state | 2017 | $43,342 | tax credit/rebate | |
| Trane U.S., Inc. | Ingersoll-Rand | Colorado | state | 2017 | $55,327 | tax credit/rebate | |
| TRANE U.S. INC. | Ingersoll-Rand | Colorado | state | 2017 | $56,025 | tax credit/rebate | |
| Vehicle Service Group, LLC | Dover Corp. | Indiana | state | 2017 | $300,000 | tax credit/rebate | |
| Hy-Pro Corporation | Donaldson | Indiana | state | 2018 | $300,000 | tax credit/rebate | |
| Crown Equipment Corporation | Crown Equipment | Indiana | state | 2017 | $650,000 | tax credit/rebate | |
| BWXT Nuclear Operations Group, Inc. | Babcock & Wilcox | Indiana | state | 2018 | $725,000 | tax credit/rebate | |
| Rockwell Automation, Inc. | Rockwell Automation | Indiana | state | 2018 | $1,750,000 | tax credit/rebate | |
| Donaldson Company Inc | Donaldson | Indiana | state | 2018 | $750,000 | tax credit/rebate | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2018 | $235,000 | tax credit/rebate | |
| Kaydon Ring & Seal, Inc. | SKF | Maryland | state | 2017 | $1,734 | tax credit/rebate | |
| Kop Flex, Inc. | Emerson Electric | Maryland | state | 2017 | $3,030 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | Nebraska | state | 2015 | undisclosed | tax credit/rebate | |
| DOVER ENERGY INC | Dover Corp. | Oklahoma | state | 2016 | $102,921 | tax credit/rebate | |
| UPCO, INC. | Dover Corp. | Oklahoma | state | 2015 | $104,298 | tax credit/rebate | |
| DOVER ENERGY INC | Dover Corp. | Oklahoma | state | 2013 | $104,568 | tax credit/rebate | |
| DOVER ENERGY INC | Dover Corp. | Oklahoma | state | 2014 | $117,632 | tax credit/rebate | |
| DOVER ENERGY INC | Dover Corp. | Oklahoma | state | 2015 | $117,632 | tax credit/rebate | |
| UPCO, INC. | Dover Corp. | Oklahoma | state | 2014 | $139,040 | tax credit/rebate | |
| UPCO, INC. | Dover Corp. | Oklahoma | state | 2013 | $178,581 | tax credit/rebate | |
| UPCO, INC. | Dover Corp. | Oklahoma | state | 2011 | $180,933 | tax credit/rebate | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2011 | $184,997 | tax credit/rebate | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2013 | $330,905 | tax credit/rebate | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2012 | $361,855 | tax credit/rebate | |
| EATON US HOLDINGS INC | Eaton | Oklahoma | state | 2016 | $637,311 | tax credit/rebate | |
| EATON CORPORATION | Eaton | Oklahoma | state | 2011 | $663,541 | tax credit/rebate | |
| EATON US HOLDINGS INC | Eaton | Oklahoma | state | 2012 | $840,254 | tax credit/rebate | |
| EATON US HOLDINGS INC | Eaton | Oklahoma | state | 2014 | $1,173,715 | tax credit/rebate | |
| Fanuc Robotics America Corporation | Fanuc | Michigan | state | 2018 | $1,000,000 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | Michigan | state | 2018 | $250,000 | tax credit/rebate | |
| SKF Aeroengine North America | SKF | New York | local | 2017 | $276,885 | tax credit/rebate | |
| Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2017 | $61,118 | tax credit/rebate | |
| Graham Corporation | Graham Corp. | New York | local | 2017 | $49,403 | tax credit/rebate | |
| Goulds Pumps Incorporated 2012/2013 Project | ITT Inc. | New York | local | 2017 | $20,147 | tax credit/rebate | |
| Graham Corporation (20 Florence Avenue) | Graham Corp. | New York | local | 2017 | $13,455 | tax credit/rebate | |
| ITT Enidine, Inc. | ITT Inc. | New York | local | 2017 | $9,230 | tax credit/rebate | |
| ITT Corporation | ITT Inc. | New York | local | 2017 | $5,631 | tax credit/rebate | |
| Enidine Incorporated | ITT Inc. | New York | local | 2017 | $2,221 | tax credit/rebate | |
| ELDEC CORPORATION | Crane Co. | Washington | state | 2017 | $350,228 | tax credit/rebate | |
| PARKER-HANNIFIN CORPORATION | Parker-Hannifin | Washington | state | 2017 | $98,083 | tax credit/rebate | |
| HYDRO-AIRE, INC. | Crane Co. | Washington | state | 2017 | $76,231 | tax credit/rebate | |
| EATON AEROQUIP LLC | Eaton | Washington | state | 2017 | $22,171 | tax credit/rebate | |
| EATON AEROSPACE L L C | Eaton | Washington | state | 2017 | $20,562 | tax credit/rebate | |
| EATON INDUSTRIAL CORPORATION | Eaton | Washington | state | 2017 | $10,426 | tax credit/rebate | |
| PRECORP INC | Sandvik | Washington | state | 2017 | $6,117 | tax credit/rebate | |
| LORD CORPORATION | Lord Corporation | Washington | state | 2017 | $5,396 | tax credit/rebate | |
| PRECORP OF SOUTH CAROLINA, INC. | Sandvik | Washington | state | 2017 | $4,295 | tax credit/rebate | |
| KIMBALL ELECTRONICS | Kimball Electronics | Washington | state | 2017 | $2,310 | tax credit/rebate | |
| ELDEC CORPORATION | Crane Co. | Washington | state | 2017 | $146,505 | tax credit/rebate | |
| ROSEMOUNT SPECIALTY PRODUCTS LLC | Emerson Electric | Washington | state | 2017 | $39,928 | tax credit/rebate | |
| EATON CORPORATION | Eaton | Arkansas | state | $219,737 | tax credit/rebate | ||
| KENNAMETAL INC. | Kennametal | Arkansas | state | $1,218,614 | tax credit/rebate | ||
| EATON HYDRAULICS LLC | Eaton | Arkansas | state | $1,023,550 | tax credit/rebate | ||
| EATON AEROQUIP LLC | Eaton | Arkansas | state | $789,982 | tax credit/rebate | ||
| SOUTHWEST STEEL PROCESSING LLC | Park-Ohio Holdings | Arkansas | state | $639,455 | tax credit/rebate | ||
| Trane U.S., Inc. | Ingersoll-Rand | Colorado | state | 2019 | $86,274 | tax credit/rebate | |
| Band-It IDEX | IDEX | Colorado | state | 2018 | $32,021 | tax credit/rebate | |
| Band-It IDEX | IDEX | Colorado | state | 2018 | $27,033 | tax credit/rebate | |
| Danfoss Turbocor Compressors, Inc. | Danfoss | Florida | state | 2018 | $840,000 | tax credit/rebate | |
| Emerson Electric Co | Emerson Electric | Illinois | state | 2019 | $82,430 | tax credit/rebate | |
| Donaldson Company Inc | Donaldson | Indiana | state | 2019 | $150,000 | tax credit/rebate | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2019 | $1,815,000 | tax credit/rebate | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2019 | $750,000 | tax credit/rebate | |
| Emerson Electric Co. | Emerson Electric | Kentucky | state | 2019 | $700,000 | tax credit/rebate | |
| Stoody Company | Colfax | Kentucky | state | 2019 | $200,000 | tax credit/rebate | |
| 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 | |
| ITT Industries Inc | ITT Inc. | West Virginia | state | 2008 | undisclosed | tax credit/rebate | |
| Paker Hannifin Corporation | Parker-Hannifin | Minnesota | local | 2000 | $350,000 | tax credit/rebate and grant | |
| Parker Hannifin Corporation | Parker-Hannifin | Minnesota | local | 2000 | $350,000 | tax credit/rebate and grant | |
| Riverside Manufacturing, Inc. | Graco | Minnesota | local | 2006 | $150,000 | tax credit/rebate and grant | |
| Rosemount Inc | Emerson Electric | Minnesota | local | 2013 | $570,608 | tax credit/rebate and grant | |
| Rosemount Inc | Emerson Electric | Minnesota | local | 2013 | $1,440,496 | tax credit/rebate and grant | |
| ILLINOIS TOOL WORKS INC. | Illinois Tool Works | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| TRANSWEB, LLC | Parker-Hannifin | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| Dielectric Laboratories | Dover Corp. | New York | local | 2003 | $62,500 | tax credit/rebate; property tax abatement | |
| American Precision Industries | Fortive | New York | local | 2003 | $33,557 | tax credit/rebate; property tax abatement | |
| ITT Industries | ITT Inc. | New York | local | 2003 | $27,305 | tax credit/rebate; property tax abatement | |
| Goulds Pump, Inc., | ITT Inc. | New York | local | 2003 | $25,201 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel C) | Parker-Hannifin | New York | local | 2003 | $23,890 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel A) | Parker-Hannifin | New York | local | 2003 | $19,961 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel B) | Parker-Hannifin | New York | local | 2003 | $14,399 | tax credit/rebate; property tax abatement | |
| Dielectric Laboratories,Inc | Dover Corp. | New York | local | 2003 | $8,884 | tax credit/rebate; property tax abatement | |
| Goulds Pump, Inc., | ITT Inc. | New York | local | 2004 | $269,976 | tax credit/rebate; property tax abatement | |
| Anorad Corporation | Rockwell Automation | New York | local | 2004 | $181,202 | tax credit/rebate; property tax abatement | |
| Emerson Power Transmission | Emerson Electric | New York | local | 2004 | $106,914 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel A) | Parker-Hannifin | New York | local | 2004 | $82,247 | tax credit/rebate; property tax abatement | |
| ITT Industries | ITT Inc. | New York | local | 2004 | $34,739 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel C) | Parker-Hannifin | New York | local | 2004 | $17,438 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel B) | Parker-Hannifin | New York | local | 2004 | $12,659 | tax credit/rebate; property tax abatement | |
| Dielectric Laboratories,Inc | Dover Corp. | New York | local | 2004 | $6,123 | tax credit/rebate; property tax abatement | |
| Goulds Pump, Inc., | ITT Inc. | New York | local | 2005 | $279,708 | tax credit/rebate; property tax abatement | |
| Anorad Corporation | Rockwell Automation | New York | local | 2005 | $194,010 | tax credit/rebate; property tax abatement | |
| Emerson Power Transmission | Emerson Electric | New York | local | 2005 | $90,742 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel A) | Parker-Hannifin | New York | local | 2005 | $69,471 | tax credit/rebate; property tax abatement | |
| ITT Industries | ITT Inc. | New York | local | 2005 | $48,104 | tax credit/rebate; property tax abatement | |
| Dielectric Laboratories,Inc | Dover Corp. | New York | local | 2005 | $26,667 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel C) | Parker-Hannifin | New York | local | 2005 | $19,891 | tax credit/rebate; property tax abatement | |
| 4087 Walden, LLC - Rayco Enterprises, Inc. (Parcel B) | Parker-Hannifin | New York | local | 2005 | $14,436 | tax credit/rebate; property tax abatement |
