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 |
|---|---|---|---|---|---|---|---|
| GAST MANUFACTURING CORPORATION | IDEX | Michigan | local | 1996 | undisclosed | property tax abatement | |
| EMERSON ELECTRIC COMPANY | Emerson Electric | Michigan | local | 1996 | undisclosed | property tax abatement | |
| BURGESS-NORTON MFG. CO./DIV.AMSTED INDUSTRIES | Amsted Industries | Michigan | local | 1996 | undisclosed | property tax abatement | |
| Parker Hannifin Corporation & Subsidiaries | Parker-Hannifin | Nebraska | state | 1996 | undisclosed | tax credit/rebate | |
| Parker Hannifin Corporation & Subsidiaries | Parker-Hannifin | Nebraska | state | 1996 | undisclosed | tax credit/rebate | |
| Commercial Intertech Corp. | Parker-Hannifin | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| Graco Ohio Inc. | Graco | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| Hoffman Enclosures Inc. | Pentair | Kentucky | state | 1997 | $29,500,000 | tax credit/rebate | |
| CPI PRODUCTS INC | Dover Corp. | Michigan | local | 1997 | undisclosed | property tax abatement | |
| DRAWFORM, INC. | Illinois Tool Works | Michigan | local | 1997 | undisclosed | property tax abatement | |
| FANUC ROBOTICS NORTH AMERICA | Fanuc | Michigan | local | 1997 | undisclosed | property tax abatement | |
| EMERSON ELECTRIC COMPANY, SPECIAL PROD. DIV. | Emerson Electric | Michigan | local | 1997 | undisclosed | property tax abatement | |
| VICKERS INC. | Eaton | Michigan | local | 1997 | undisclosed | property tax abatement | |
| AvBorne Heavy Maintenance, Inc. | Dover Corp. | Florida | state | 1997 | $2,000,000 | tax credit/rebate | |
| LuK USA LLC et al. | Schaeffler Technologies | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Pole/Zero Acquisition, Inc. | Dover Corp. | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Eaton Corporation | Eaton | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1997 | undisclosed | tax credit/rebate | |
| Halox Technologies, Inc. n/k/a IDEX Health & Science | IDEX | Connecticut | state | 1998 | $3,500,000 | grant | |
| SPX CORPORATION | SPX Corp. | Michigan | local | 1998 | undisclosed | property tax abatement | |
| KUKA FLEXIBLE PRODUCTION SYSTEMS CORP | KUKA AG | Michigan | local | 1998 | undisclosed | property tax abatement | |
| ADVANCED POLYMER TECHNOLOGY INC. | Franklin Electric | Michigan | local | 1998 | undisclosed | property tax abatement | |
| AEROQUIP CORP. | Eaton | Michigan | local | 1998 | undisclosed | property tax abatement | |
| RING SCREW WORKS | Fontana Gruppo | Michigan | local | 1998 | undisclosed | property tax abatement | |
| RING SCREW WORKS | Fontana Gruppo | Michigan | local | 1998 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Illinois Tool Works | Michigan | local | 1998 | undisclosed | property tax abatement | |
| MEANS INDUSTRIES INC | Amsted Industries | Michigan | local | 1998 | undisclosed | property tax abatement | |
| Clarcor, Inc. | Parker-Hannifin | Nebraska | state | 1998 | undisclosed | tax credit/rebate | |
| Ark-Les Electronic Products Corp. | Illinois Tool Works | Massachusetts | state | 1998 | undisclosed | tax credit/rebate | |
| Flowserve (Borg Warner) | Flowserve | North Carolina | state | 1998 | $60,000 | grant | |
| J. W. Harris Co., Inc. | Lincoln Electric Holdings | Ohio | state | 1998 | undisclosed | tax credit/rebate | |
| Parker-Hannifin Corporation | Parker-Hannifin | Ohio | state | 1998 | undisclosed | tax credit/rebate | |
| Eaton Aerospace | Eaton | South Carolina | local | 1998 | undisclosed | property tax abatement | |
| ITT Automotive | ITT Inc. | North Carolina | state | 1998 | $75,000 | grant | |
| NUMATICS INC. | Emerson Electric | Michigan | local | 1999 | undisclosed | property tax abatement | |
| UNIFIED INDUSTRIES INC. | Columbus McKinnon | Michigan | local | 1999 | undisclosed | property tax abatement | |
| RING SCREW TEXTRON INC. | Fontana Gruppo | Michigan | local | 1999 | undisclosed | property tax abatement | |
| RING SCREW TEXTRON INC | Fontana Gruppo | Michigan | local | 1999 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Illinois Tool Works | Michigan | local | 1999 | undisclosed | property tax abatement | |
| FLOWSERVE CORP | Flowserve | Michigan | local | 1999 | undisclosed | property tax abatement | |
| MEANS INDUSTRIES INC | Amsted Industries | Michigan | local | 1999 | undisclosed | property tax abatement | |
| Eaton MDH Company, Inc. | Eaton | Nebraska | state | 1999 | undisclosed | tax credit/rebate | |
| Sandvik Inc | Sandvik | Texas | state | 1999 | undisclosed | property tax abatement | |
| The Trane Company | Ingersoll-Rand | Florida | state | 1999 | $962,500 | tax credit/rebate | |
| ITT Automotive | ITT Inc. | North Carolina | state | 1999 | $25,000 | grant | |
| NACCO Materials Hndlg. Group | Hyster-Yale Materials Handling | North Carolina | state | 1999 | $60,000 | grant | |
| ITW DRAWFORM INC. | Illinois Tool Works | Michigan | local | 2000 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC. | Illinois Tool Works | Michigan | local | 2000 | undisclosed | property tax abatement | |
| PARKER HANNIFIN CORP/HYDRAULIC PUMP | Parker-Hannifin | Michigan | local | 2000 | undisclosed | property tax abatement | |
| PARKER HANNIFIN CORP/BRASS PRODUCTS | Parker-Hannifin | Michigan | local | 2000 | undisclosed | property tax abatement | |
| 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 | |
| Sandvik Inc | Sandvik | Texas | state | 2000 | undisclosed | property tax abatement | |
| Baltimore Aircoil | Amsted Industries | Delaware | state | 2000 | $28,200 | training reimbursement | |
| Cooper Power System | Eaton | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| Liebert North America, Inc. | Emerson Electric | Ohio | state | 2000 | undisclosed | tax credit/rebate | |
| EXTRUDE HONE | Kennametal | United States | federal | 2000 | $805,834 | federal grant | |
| MTS SYSTEMS CORPORATION | MTS Systems | United States | federal | 2000 | $132,500 | federal grant | |
| MTS SYSTEMS CORPORATION | MTS Systems | United States | federal | 2000 | $108,166 | federal grant | |
| MTS SYSTEMS CORPORATION | MTS Systems | United States | federal | 2000 | $93,816 | federal grant | |
| MTS SYSTEMS CORPORATION | MTS Systems | United States | federal | 2000 | $72,018 | federal grant | |
| ITT AVIONICS | ITT Inc. | United States | federal | 2000 | $288,674 | federal grant | |
| GINER INC. | Giner | United States | federal | 2000 | $99,818 | federal grant | |
| PRECISION COMBUSTION INC. | Precision Combustion Inc. | United States | federal | 2000 | $400,000 | federal grant | |
| PRECISION COMBUSTION INC. | Precision Combustion Inc. | United States | federal | 2000 | $100,000 | federal grant | |
| INGERSOLL RAND ENERGY SYS CORP | Ingersoll-Rand | United States | federal | 2000 | $500,000 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2000 | $99,947 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2000 | $100,000 | federal grant | |
| POSITIVE LIGHT INC | Coherent Inc. | United States | federal | 2000 | $281,250 | federal grant | |
| POSITIVE LIGHT INC | Coherent Inc. | United States | federal | 2000 | $124,953 | federal grant | |
| POSITIVE LIGHT INC | Coherent Inc. | United States | federal | 2000 | $98,141 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2000 | $375,000 | federal grant | |
| UNIQUE MOBILITY INC | Danfoss | United States | federal | 2000 | $375,000 | federal grant | |
| UNIQUE MOBILITY INC | Danfoss | United States | federal | 2000 | $281,250 | federal grant | |
| UNIQUE MOBILITY INC | Danfoss | United States | federal | 2000 | $124,845 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2000 | $438,000 | federal grant | |
| WAUKESHA ELECTRIC SYSTEM | SPX Corp. | United States | federal | 2000 | $2,038,363 | federal grant | |
| BABCOCK & WILCOX CO | Babcock & Wilcox | United States | federal | 2000 | $299,857 | federal grant | |
| FLOWSERVE F C D CORP | Flowserve | United States | federal | 2000 | $37,500 | federal grant | |
| Emerson Power Transmission, Mfg., L.P. | Emerson Electric | Kentucky | state | 2001 | $5,462,280 | tax credit/rebate | |
| Clarcor Air Filtration Products, Inc. | Parker-Hannifin | Kentucky | state | 2001 | $8,701,079 | tax credit/rebate | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | Michigan | local | 2001 | undisclosed | property tax abatement | |
| WILSONART INTERNATIONAL INC. | Illinois Tool Works | Michigan | local | 2001 | undisclosed | property tax abatement | |
| SUPERB PRODUCTS INC. | Illinois Tool Works | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ROFIN-SINAR, INC. | Coherent Inc. | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC. | Illinois Tool Works | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ITW B & L PLASTICS INC. | Illinois Tool Works | Michigan | local | 2001 | undisclosed | property tax abatement | |
| FLOWSERVE FSD CORPORATION | Flowserve | Michigan | local | 2001 | undisclosed | property tax abatement | |
| EATON HYDRAULICS INC. | Eaton | Michigan | local | 2001 | undisclosed | property tax abatement | |
| NSK CORPORATION | NSK | Michigan | local | 2001 | undisclosed | property tax abatement | |
| EATON CORPORATION | Eaton | Michigan | local | 2001 | undisclosed | property tax abatement | |
| EMERSON MOTOR DIVISION/EMERSON ELECTRIC | Emerson Electric | Missouri | state | 2001 | $12,350 | tax credit/rebate | |
| KNAPPCO CORPORATION | Dover Corp. | Missouri | state | 2001 | $3,091 | tax credit/rebate | |
| Sandvik Inc | Sandvik | Texas | state | 2001 | undisclosed | property tax abatement | |
| Aeroquip Corporation | Eaton | Indiana | local | 2001 | $1,187,310 | property tax abatement | |
| Aeroquip Corporation | Eaton | Indiana | local | 2001 | $328,590 | property tax abatement | |
| Trane Company | Ingersoll-Rand | Indiana | local | 2001 | undisclosed | property tax abatement | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2001 | $1,202,111 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2001 | $454,553 | federal grant |
