Subsidy Tracker: Industry Summary Page

Major Industry: 
industrial equipment
Subsidy Total: 
$1,512,000,025
Number of Awards: 
3,205
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 CompaniesTotal Subsidy $Number of Awards
Babcock & Wilcox$380,815,10348
Eaton$247,856,822265
Emerson Electric$84,716,65397
Giner$83,141,064162
ITT Inc.$82,411,995104
SPX Corp.$61,143,853102
Luna Innovations$59,077,156155
Danfoss$57,373,28231
Parker-Hannifin$51,064,141193
Precision Combustion Inc.$47,005,709110


Individual Subsidy Records:

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Company Parent Locationsort icon Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidy
Kennametal, Inc. Kennametal North Carolina state 2019 $62,600 tax credit/rebate
Kennametal, Inc. Kennametal North Carolina state 2017 $60,022 tax credit/rebate
Lydall Thermal/Acoustical, Inc. Lydall North Carolina state 2018 $55,397 tax credit/rebate
Eaton Corporation Eaton North Carolina state 2019 $32,142 tax credit/rebate
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2018 $31,153 tax credit/rebate
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2019 $30,674 tax credit/rebate
Eaton Corporation Eaton North Carolina state 2017 $26,905 tax credit/rebate
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2017 $25,272 tax credit/rebate
Lydall Thermal/Acoustical, Inc. Lydall North Carolina state 2017 $12,974 tax credit/rebate
Purolator EFP, LLC Parker-Hannifin North Carolina state 2019 $5,959 tax credit/rebate
SWAGELOK COMPANY Swagelok Ohio state 2004 $1,111,128 enterprise zone
Nordson Corporation Nordson Corp. Ohio state 2009 undisclosed enterprise zone
Eaton Corporation Eaton Ohio state 2008 $30,417,493 tax credit/rebate
The Timken Company Timken Ohio state 2011 $19,463,250 tax credit/rebate
Eaton Eaton Ohio multiple 2009 $85,000,000 MEGADEAL
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
PARKER HANNIFIN CORP Parker-Hannifin Ohio state 2008 $800,000 loan or bond financing
CARDINAL FASTENER Wurth Group Ohio state 2009 $500,000 loan or bond financing
NORDSON CORPORATION Nordson Corp. Ohio state 2010 $1,500,000 loan or bond financing
DIAMOND INNOVATIONS INC Sandvik Ohio state 2011 $1,000,000 loan or bond financing
PARKER HANNIFIN CORP Parker-Hannifin Ohio state 2011 $2,885,000 loan or bond financing
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
GRAFTECH INTERNATIONAL HOLDINGS INC GrafTech International Ohio state 2013 $142,095 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
CROWN EQUIPMENT CORPORATION Crown Equipment Ohio state 2009 $857,246 grant/loan hybrid program
GRAFTECH INTERNATIONAL HOLDINGS INC GrafTech International Ohio state 2010 $915,000 grant/loan hybrid program
TIMKEN COMPANY Timken Ohio state 2011 $900,000 grant/loan hybrid program
PARKER HANNIFIN CORP Parker-Hannifin Ohio state 2012 $2,329,087 grant/loan hybrid program
Babcock & Wilcox Nuclear Operations Babcock & Wilcox Ohio state 2010 $45,000 grant
CROWN EQUIPMENT CORPORATION Crown Equipment Ohio state 2010 $46,250 grant
EATON INOAC COMPANY Eaton Ohio state 2010 $10,000 grant
LINCOLN ELECTRIC CO Lincoln Electric Holdings Ohio state 2010 $75,000 grant
PARKER HANNIFIN CORP Parker-Hannifin Ohio state 2010 $2,500 grant
SNAP ON BUSINESS SOLUTION Snap-on Ohio state 2010 $26,000 grant
DIAMOND INNOVATIONS INC Sandvik Ohio state 2012 $50,000 grant
CROWN EQUIPMENT CORPORATION Crown Equipment Ohio state 2013 $25,000 grant
LUK USA LLC Schaeffler Technologies Ohio state 2013 $75,000 grant
TIMKEN COMPANY Timken Ohio state 2013 $250,000 grant
WISECO PISTON COMPANY INC Dover Corp. Ohio state 2013 $50,000 grant
Eaton Corporation Eaton Ohio state 2008 $17,670,632 tax credit/rebate
Hydro Systems Company Dover Corp. Ohio state 2008 $79,579 tax credit/rebate
Kennemetal Inc. Kennametal Ohio state 2008 $85,780 tax credit/rebate
Liebert North America, Inc. Emerson Electric Ohio state 2008 $91,714 tax credit/rebate
Snap-on Business Solutions Snap-on Ohio state 2008 $425,623 tax credit/rebate
Voith Hydro, Inc. Voith Ohio state 2009 $184,378 tax credit/rebate
Wayne Trail Technologies, Inc. Lincoln Electric Holdings Ohio state 2009 $181,444 tax credit/rebate
Columbus McKinnon Corporation Columbus McKinnon Ohio state 2010 $342,277 tax credit/rebate
Liebert North America, Inc. Emerson Electric Ohio state 2010 $307,500 tax credit/rebate
Parker-Hannifin Corporation Parker-Hannifin Ohio state 2010 $236,250 tax credit/rebate
Diamond Innovations, Inc. Sandvik Ohio state 2011 $672,812 tax credit/rebate
Eaton Corporation Eaton Ohio state 2011 $160,825 tax credit/rebate
Parker-Hannifin Corporation Parker-Hannifin Ohio state 2011 $2,148,540 tax credit/rebate
Rimrock Corporation Lincoln Electric Holdings Ohio state 2011 $90,140 tax credit/rebate
Crown Equipment Corporation Crown Equipment Ohio state 2012 $226,580 tax credit/rebate
GrafTech International Holdings Incorporated GrafTech International Ohio state 2012 $116,269 tax credit/rebate
Parker-Hannifin Corporation Parker-Hannifin Ohio state 2012 $108,355 tax credit/rebate
Wiseco Piston Company, Inc. Dover Corp. Ohio state 2012 $749,829 tax credit/rebate
Lincoln Electric Company Lincoln Electric Holdings Ohio state 2012 $9,000,000 tax credit/rebate
Toledo Trans-Kit SPX Corp. Ohio local 1990 undisclosed enterprise zone
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