Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,334,481,812
Number of Awards:
2,932
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 | $203,537,634 | 230 |
| Emerson Electric | $86,296,927 | 109 |
| ITT Inc. | $82,224,486 | 96 |
| SPX Corp. | $64,662,204 | 106 |
| Giner | $64,275,071 | 137 |
| Parker-Hannifin | $49,050,204 | 175 |
| Timken | $40,424,345 | 38 |
| Luna Innovations | $36,551,874 | 131 |
| Precision Combustion Inc. | $35,799,085 | 100 |
Individual Subsidy Records:
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| Company | Parent | Location |
Subsidy Source |
Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| 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 | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2013 | $2,624 | tax credit/rebate | |
| Hale Products, Inc. | IDEX | North Carolina | state | 2013 | $5,936 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2013 | $7,090 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2013 | $8,947 | tax credit/rebate | |
| Trane US, Inc. | Ingersoll-Rand | North Carolina | state | 2013 | $10,204 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2013 | $12,356 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2013 | $14,082 | tax credit/rebate | |
| MTS Systems Corporation | MTS Systems | North Carolina | state | 2013 | $22,453 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2013 | $24,425 | tax credit/rebate | |
| SPX Transformer Solutions, Inc. | SPX Corp. | North Carolina | state | 2013 | $24,439 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2013 | $26,000 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2013 | $32,819 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2013 | $34,721 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2013 | $39,699 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2013 | $41,103 | tax credit/rebate | |
| NACCO Materials Handling Group, Inc. | Hyster-Yale Materials Handling | North Carolina | state | 2013 | $66,959 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll-Rand | North Carolina | state | 2013 | $128,796 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $157,216 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2013 | $209,765 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2012 | $3,766 | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | North Carolina | state | 2012 | $3,884 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2012 | $3,894 | tax credit/rebate | |
| SPX Cooling Technologies, Inc. | SPX Corp. | North Carolina | state | 2012 | $4,161 | tax credit/rebate | |
| Hale Products, Inc. | IDEX | North Carolina | state | 2012 | $5,848 | tax credit/rebate | |
| Trane US, Inc. | Ingersoll-Rand | North Carolina | state | 2012 | $6,802 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2012 | $7,739 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2012 | $7,801 | tax credit/rebate | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2012 | $8,065 | tax credit/rebate | |
| Fanuc Robotics America, Inc. | Fanuc | North Carolina | state | 2012 | $9,699 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2012 | $14,536 | tax credit/rebate | |
| MTS Systems Corporation | MTS Systems | North Carolina | state | 2012 | $17,502 | tax credit/rebate | |
| Sioux Tools, Inc. | Snap-on | North Carolina | state | 2012 | $18,855 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2012 | $24,210 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2012 | $24,557 | tax credit/rebate | |
| SPX Transformer Solutions, Inc. | SPX Corp. | North Carolina | state | 2012 | $29,032 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2012 | $30,609 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2012 | $34,922 | tax credit/rebate | |
| NACCO Materials Handling Group, Inc. | Hyster-Yale Materials Handling | North Carolina | state | 2012 | $38,867 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2012 | $64,089 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll-Rand | North Carolina | state | 2012 | $142,876 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2012 | $198,044 | 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 | |
| Automatic Switch Company | Emerson Electric | New Jersey | state | 2012 | $24,500,000 | tax credit/rebate | |
| Torchmate, Inc | Lincoln Electric Holdings | Nevada | state | 2012 | $26,141 | tax credit/rebate | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $35,556 | tax credit/rebate | |
| Torchmate, Inc | Lincoln Electric Holdings | Nevada | state | 2012 | $195,797 | tax credit/rebate | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $313,323 | tax credit/rebate | |
| Torchmate, Inc | Lincoln Electric Holdings | Nevada | state | 2012 | $287,567 | tax credit/rebate | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $460,176 | tax credit/rebate | |
| TRANE U.S. INC. | Ingersoll-Rand | Texas | state | 2009 | undisclosed | enterprise zone | |
| Emerson Process Management | Emerson Electric | Texas | state | 2013 | $1,000,000 | grant | |
| Kennametal, Inc. | Kennametal | Massachusetts | state | 2015 | $465,000 | tax credit/rebate | |
| 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 | |
| HUNTER TECHNOLOGY CORP | Sparton Corp. | California | state | 2014 | $59,706 | training reimbursement | |
| DOW-KEY MICROWAVE CORP | Dover Corp. | California | state | 2014 | $20,724 | training reimbursement | |
| NMHG FINANCIAL SERVICES INC | Hyster-Yale Materials Handling | Maine | state | 2015 | $2,594 | property tax abatement | |
| PARKER HANNIFIN CORP & SUB | Parker-Hannifin | Maine | state | 2015 | $136,258 | property tax abatement | |
| EATON CORPORATION | Eaton | Maine | state | 2015 | $5,067 | property tax abatement | |
| 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 | |
| Dielectric Laboratories Inc. | Dover Corp. | New York | state | 2015 | $1,922,460 | tax credit/rebate | |
| Goulds Pumps, Inc. | ITT Inc. | New York | state | 2015 | $1,500,000 | tax credit/rebate | |
| Cooper Crouse-Hinds LLC | Eaton | New York | state | 2015 | $298,966 | tax credit/rebate | |
| Semrock, Inc. | IDEX | New York | state | 2015 | $400,000 | 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 | |
| Trane US, Inc. | Ingersoll-Rand | North Carolina | state | 2014 | $9,919 | tax credit/rebate | |
| Fanuc Robotics America, Inc. | Fanuc | North Carolina | state | 2014 | $5,883 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| DIAMOND INNOVATIONS INC | Sandvik | Ohio | state | 2015 | $7,000 | grant | |
| EATON CORPORATION | Eaton | Ohio | state | 2015 | $4,490 | grant | |
| SWAGELOK MARKETING SERVICES COMPANY | Swagelok | Ohio | state | 2015 | $34,707 | grant | |
| OPW ENGINEERED SYSTEMS INC | Dover Corp. | Ohio | state | 2015 | $26,250 | grant | |
| SWAGELOK MANUFACTURING COMPANY LLC | Swagelok | Ohio | state | 2015 | $250,000 | grant | |
| NORDSON CORPORATION | Nordson | Ohio | state | 2015 | $247,112 | grant | |
| THERM-O-DISC INC | Emerson Electric | Ohio | state | 2015 | $56,209 | grant | |
| ERICO INTERNATIONAL CORP | Pentair | Ohio | state | 2015 | $46,148 | grant | |
| EMERSON CLIMATE TECHNOLOGIES INC | Emerson Electric | Ohio | state | 2015 | $82,243 | grant | |
| EATON AEROQUIP LLC | Eaton | Ohio | state | 2015 | $9,950 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2015 | $249,303 | grant | |
| LuK USA LLC | Schaeffler Technologies | Ohio | state | 2013 | $255,288 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | Pennsylvania | state | 2014 | $285,077 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2014 | $248,050 | tax credit/rebate |
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