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:
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| Company | Parent | Location |
Subsidy Source |
Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Yale Industrial Products | Columbus McKinnon | North Carolina | state | 2012 | $116,300 | grant | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2012 | $58,000 | grant | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2013 | $97,000 | grant | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $1,040,732 | tax credit/rebate | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2013 | $255,288 | tax credit/rebate | |
| The Timken Company | Timken | North Carolina | state | 2013 | $201,647 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2013 | $60,124 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2013 | $31,919 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2013 | $30,193 | tax credit/rebate | |
| Lydall Thermal/Acoustical, Inc. | Lydall | North Carolina | state | 2013 | $24,222 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2013 | $17,420 | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | North Carolina | state | 2013 | $6,045 | tax credit/rebate | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2013 | $5,334 | tax credit/rebate | |
| Purolator EFP, LLC | Parker-Hannifin | North Carolina | state | 2013 | $4,289 | tax credit/rebate | |
| Coeur, Inc. | Illinois Tool Works | North Carolina | state | 2013 | $3,504 | tax credit/rebate | |
| 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 | |
| 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 | |
| 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 | |
| DANFOSS WATER & WASTE WATER | Danfoss | Arkansas | state | 2015 | $7,200 | training reimbursement | |
| 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 |
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