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 |
|---|---|---|---|---|---|---|---|
| UQM TECHNOLOGIES, INC. | Danfoss | United States | federal | 2014 | $240,750 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2014 | $26,794 | federal grant | |
| BABCOCK & WILCOX POWER GENERATION GROUP, INC. | Babcock & Wilcox | United States | federal | 2014 | $1,500,000 | federal grant | |
| BABCOCK & WILCOX POWER GENERATION GROUP, INC. | Babcock & Wilcox | United States | federal | 2014 | $499,994 | federal grant | |
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2014 | $7,529,602 | federal grant | |
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2014 | $6,176,119 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2014 | $164,795 | federal grant | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2014 | $824,100 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2014 | $224,997 | federal grant | |
| Arc Machines, Inc. | Colfax | United States | federal | 2014 | $2,250,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2014 | $2,000,000 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2014 | $12,102,807 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2014 | $26,989,066 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2014 | $500,000 | 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 | |
| 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 | |
| PARKER HANNIFIN CORP & SUB | Parker-Hannifin | Maine | state | 2014 | $166,641 | property tax abatement | |
| EATON CORPORATION | Eaton | Maine | state | 2014 | $6,554 | property tax abatement | |
| NMHG FINANCIAL SERVICES INC | Hyster-Yale Materials Handling | Maine | state | 2014 | $2,699 | property tax abatement | |
| CROWN EQUIPMENT CORP | Crown Equipment | Maine | state | 2014 | $1,279 | property tax abatement | |
| SWAGELOK MANUFACTURING COMPANY LLC | Swagelok | Ohio | state | 2014 | $250,000 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2014 | $250,000 | grant | |
| SWAGELOK COMPANY | Swagelok | Ohio | state | 2014 | $248,174 | grant | |
| NORDSON CORPORATION | Nordson | Ohio | state | 2014 | $180,298 | grant | |
| DIAMOND INNOVATIONS INC | Sandvik | Ohio | state | 2014 | $118,659 | grant | |
| LUK USA LLC | Schaeffler Technologies | Ohio | state | 2014 | $118,257 | grant | |
| THERM-O-DISC INC | Emerson Electric | Ohio | state | 2014 | $111,433 | grant | |
| BABCOCK & WILCOX POWER GENERATION | Babcock & Wilcox | Ohio | state | 2014 | $58,576 | grant | |
| LIEBERT NORTH AMERICA INC | Emerson Electric | Ohio | state | 2014 | $41,927 | grant | |
| SNAP ON BUSINESS SOLUTIONS INC | Snap-on | Ohio | state | 2014 | $40,608 | grant | |
| SWAGELOK MARKETING SERVICES COMPANY | Swagelok | Ohio | state | 2014 | $25,976 | grant | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2014 | $25,869 | grant | |
| EATON AEROQUIP LLC | Eaton | Ohio | state | 2014 | $15,650 | grant | |
| CONTROL TRANSFORMER INC | Park-Ohio Holdings | Ohio | state | 2014 | $7,650 | grant | |
| ERICO INTERNATIONAL CORP | Pentair | Ohio | state | 2014 | $6,441 | grant | |
| LIEBERT CORPORATION | Emerson Electric | Ohio | state | 2014 | $5,482 | grant | |
| XOMOX CORPORATION | Crane Co. | Ohio | state | 2014 | $4,943 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2014 | $4,600 | grant | |
| Trane US Inc, A Division American Standard, Inc. | Ingersoll-Rand | Wisconsin | state | 2014 | $5,500,000 | tax credit/rebate | |
| Kaydon Ring and Seal, Inc. | SKF | Maryland | state | 2014 | $3,332 | tax credit/rebate | |
| Crown Equipment Corporation | Crown Equipment | Kansas | state | 2014 | $74,826 | grant | |
| Crown Equipment Corporation | Crown Equipment | Kansas | state | 2014 | $10,000 | grant | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2014 | $32,154 | grant | |
| SKF SEALING SOLUTIONS | SKF | Oklahoma | state | 2014 | $29,044 | grant | |
| SKF USA INC | SKF | Oklahoma | state | 2014 | $20,837 | grant | |
| SKF SEALING SOLUTIONS | SKF | Oklahoma | state | 2014 | $14,662 | grant | |
| NSK Corporation | NSK | Indiana | state | 2014 | $125,000 | tax credit/rebate | |
| NSK Precision America, Inc. | NSK | Indiana | state | 2014 | $100,000 | tax credit/rebate | |
| NSK Precision America, Inc. | NSK | Indiana | state | 2014 | $100,000 | training reimbursement | |
| Alliance Compressors | Emerson Electric | Louisiana | local | 2014 | $830,494 | property tax abatement | |
| Voith Paper Fabric & Roll Systems, Inc. | Voith | Louisiana | local | 2014 | $731,722 | property tax abatement | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2014 | $310,788 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $188,929 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2014 | $144,967 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2014 | $31,170 | tax credit/rebate | |
| The Babcock & Wilcox Company | Babcock & Wilcox | North Carolina | state | 2014 | $8,625 | tax credit/rebate | |
| Purolator EFP, LLC | Parker-Hannifin | North Carolina | state | 2014 | $5,570 | tax credit/rebate | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2014 | $4,919 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| Fanuc Robotics America, Inc. | Fanuc | North Carolina | state | 2014 | $5,883 | tax credit/rebate | |
| Trane US, Inc. | Ingersoll-Rand | North Carolina | state | 2014 | $9,919 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2014 | $18,472 | tax credit/rebate | |
| MTS Systems Corporation | MTS Systems | North Carolina | state | 2014 | $19,303 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2014 | $25,944 | tax credit/rebate | |
| SPX Transformer Solutions, Inc. | SPX Corp. | North Carolina | state | 2014 | $26,479 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2014 | $27,349 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2014 | $39,250 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2014 | $224,300 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $310,722 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2014 | $26,341 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2014 | $65,213 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $80,027 | tax credit/rebate | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $35,556 | tax credit/rebate | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $313,323 | tax credit/rebate | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $460,176 | tax credit/rebate | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Trane US, Inc. | Ingersoll-Rand | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| SNAP-ON INC. | Snap-on | California | state | 2014 | undisclosed | training reimbursement | |
| PARKER HANNIFIN CORPORATION DBA PARKER AEROSPACE | Parker-Hannifin | California | state | 2014 | $56,937 | training reimbursement | |
| DOW-KEY MICROWAVE CORP | Dover Corp. | California | state | 2014 | $20,724 | training reimbursement | |
| Transform Automotive LLC | Amsted Industries | Michigan | state | 2014 | $550,000 | grant/loan hybrid program | |
| Thermo King Corporation | Ingersoll-Rand | Nebraska | state | 2014 | undisclosed | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $310,722 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2014 | $224,300 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2014 | $39,250 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2014 | $27,349 | tax credit/rebate | |
| SPX Transformer Solutions, Inc. | SPX Corp. | North Carolina | state | 2014 | $26,479 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2014 | $25,944 | tax credit/rebate | |
| MTS Systems Corporation | MTS Systems | North Carolina | state | 2014 | $19,303 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2014 | $18,472 | tax credit/rebate |
