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 |
|---|---|---|---|---|---|---|---|
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Hale Products, Inc. | IDEX | North Carolina | state | 2016 | $1,815 | tax credit/rebate | |
| Kennemetal, Inc. | Kennametal | Alabama | state | 2010 | $1,755 | cost reimbursement | |
| Kaydon Ring & Seal, Inc. | SKF | Maryland | state | 2017 | $1,734 | tax credit/rebate | |
| Voith Paper Fabrics & Roll System Inc | Voith | Oregon | state | 2010 | $1,720 | tax credit/rebate | |
| Fairmount Automation, Inc. | Colfax | Pennsylvania | state | 2011 | $1,631 | tax credit/rebate | |
| UPCO,INC | Dover Corp. | Oklahoma | state | 2009 | $1,619 | tax credit/rebate | |
| SKF USA INC | SKF | Oklahoma | state | 2012 | $1,605 | grant | |
| Kaydon Ring and Seal, Inc. | SKF | Maryland | state | 2011 | $1,581 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2015 | $1,573 | tax credit/rebate | |
| US Synthetic | Dover Corp. | Utah | state | 2011 | $1,569 | training reimbursement | |
| The Babcock & Wilcox Company | Babcock & Wilcox | North Carolina | state | 2016 | $1,566 | tax credit/rebate | |
| SWAGELOK | Swagelok | Oregon | state | 2007 | $1,565 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Unified Industries, Inc. | Columbus McKinnon | Michigan | state | 2013 | $1,530 | grant | |
| Universal Instruments | Dover Corp. | New York | state | 2003 | $1,519 | enterprise zone | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| Flow Control US Holding Corp | Pentair | North Carolina | state | 2016 | $1,455 | tax credit/rebate | |
| PASLODE CORPORATION AN ILLINOIS TOOL WORKS COMPANY | Illinois Tool Works | Arkansas | state | 2013 | $1,440 | training reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2012 | $1,420 | cost reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2012 | $1,420 | cost reimbursement | |
| Goulds Pumps PA Inc. | ITT Inc. | Pennsylvania | state | 2008 | $1,405 | tax credit/rebate | |
| SKF Polyseal Inc. | SKF | Utah | state | 2011 | $1,305 | training reimbursement | |
| ITW SHIPPERS | Illinois Tool Works | Arkansas | state | 2014 | $1,293 | training reimbursement | |
| Eaton Corporation | Eaton | Arkansas | state | 2010 | $1,285 | training reimbursement | |
| EATON CORPORATION | Eaton | Arkansas | state | 2014 | $1,280 | training reimbursement | |
| CROWN EQUIPMENT CORP | Crown Equipment | Maine | state | 2014 | $1,279 | property tax abatement | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2017 | $1,107 | tax credit/rebate | |
| Goulds Pumps Inc. | ITT Inc. | New York | local | 2012 | $1,084 | tax credit/rebate; property tax abatement | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2016 | $1,063 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2015 | $1,046 | tax credit/rebate | |
| SMC CORP. OF AMERICA | SMC Corp. | Alabama | state | 2011 | $1,000 | cost reimbursement | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $102,387,486 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $87,439,193 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2011 | $85,641,079 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2011 | $34,256,432 | 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 | |
| Graco Inc. | Graco | United States | federal | 2011 | $25,000,000 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $20,586,637 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $18,068,380 | 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 | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2013 | $11,785,685 | federal loan or loan guarantee | |
| Liebert Corporation | Emerson Electric | United States | federal | 2007 | $6,241,794 | federal loan or loan guarantee | |
| Spx Corporation | SPX Corp. | United States | federal | 2011 | $4,601,050 | federal loan or loan guarantee | |
| Emerson Process Management | Emerson Electric | United States | federal | 2017 | $4,500,000 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $3,706,257 | federal loan or loan guarantee | |
| Arc Machines, Inc. | Colfax | United States | federal | 2012 | $3,600,000 | federal loan or loan guarantee | |
| Azores Corp. | Rudolph Technologies | United States | federal | 2007 | $3,600,000 | federal loan or loan guarantee | |
| Baltimore Aircoil Company Inc | Amsted Industries | United States | federal | 2007 | $3,500,000 | federal loan or loan guarantee | |
| Vmonitor Inc. | Rockwell Automation | United States | federal | 2007 | $3,375,000 | 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 | |
| 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 | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2019 | $3,000,000 | federal loan or loan guarantee | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2011 | $2,885,000 | loan or bond financing | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2011 | $2,885,000 | loan or bond financing | |
| Sure Power, Inc. | Eaton | United States | federal | 2014 | $2,839,300 | federal loan or loan guarantee | |
| Sandvik Mining & Construction Usa Llc | Sandvik | United States | federal | 2017 | $2,722,150 | federal loan or loan guarantee | |
| Perry Equipment Corporation | Parker-Hannifin | United States | federal | 2007 | $2,700,000 | federal loan or loan guarantee | |
| Autoform Tool & Manufacturing Inc. | Park-Ohio Holdings | United States | federal | 2013 | $2,610,000 | federal loan or loan guarantee | |
| Trane Company, The | Ingersoll-Rand | United States | federal | 2010 | $2,507,497 | 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 | |
| Spx Cooling Technologies, Inc. | SPX Corp. | United States | federal | 2014 | $2,382,487 | federal loan or loan guarantee | |
| ADVANCED THIN FILMS LLC | IDEX | United States | federal | 2007 | $2,314,000 | federal loan or loan guarantee | |
| Arc Machines, Inc. | Colfax | United States | federal | 2013 | $2,250,000 | federal loan or loan guarantee | |
| Arc Machines, Inc. | Colfax | United States | federal | 2014 | $2,250,000 | federal loan or loan guarantee | |
| Amsted Rail Company, Inc. | Amsted Industries | United States | federal | 2010 | $2,183,300 | federal insurance | |
| Gala Industries, Inc. | Dover Corp. | United States | federal | 2010 | $2,130,924 | federal loan or loan guarantee | |
| Union Engineering North America, Llc | Pentair | United States | federal | 2015 | $2,067,462 | federal loan or loan guarantee | |
| Elliott Company | Ebara | Pennsylvania | state | $2,000,000 | loan or bond financing | ||
| Crane Composites, Inc. | Crane Co. | United States | federal | 2014 | $2,000,000 | federal loan or loan guarantee | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2007 | $2,000,000 | federal loan or loan guarantee | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2008 | $2,000,000 | federal loan or loan guarantee | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2009 | $2,000,000 | 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 | |
| Ricon, LLC | Westinghouse Air Brake Technologies (Wabtec) | United States | federal | 2014 | $2,000,000 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2017 | $1,942,411 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $1,849,157 | federal loan or loan guarantee | |
| EATON AUTOMOTIVE GROUP, INC. | Eaton | United States | federal | 2009 | $1,800,000 | federal loan or loan guarantee | |
| Easom Automation Systems, Inc. | Lincoln Electric Holdings | United States | federal | 2012 | $1,800,000 | federal loan or loan guarantee | |
| S & N PUMP COMPANY | SPX Corp. | United States | federal | 2008 | $1,762,000 | federal loan or loan guarantee | |
| Mfic Corporation | IDEX | United States | federal | 2007 | $1,750,000 | federal loan or loan guarantee | |
| Autoform Tool & Manufacturing Inc. | Park-Ohio Holdings | United States | federal | 2013 | $1,704,000 | federal loan or loan guarantee | |
| NORDSON CORPORATION | Nordson | Ohio | state | 2010 | $1,500,000 | loan or bond financing | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2012 | $1,500,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2013 | $1,500,000 | federal loan or loan guarantee |
