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 |
|---|---|---|---|---|---|---|---|
| Sargent Controls & Aerospace | Dover Corp. | Arizona | state | 2007 | $308,446 | training reimbursement | |
| Eaton Corporation | Eaton | New York | state | 2008 | $309,484 | enterprise zone | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2008 | $310,000 | Enterprise Zone | |
| Flowserve US Inc. | Flowserve | Pennsylvania | state | $310,000 | grant | ||
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $310,722 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $310,722 | tax credit/rebate | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2014 | $310,788 | tax credit/rebate | |
| VOITH FABRICS APPLETON INC | Voith | United States | federal | 2002 | $313,300 | federal grant | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $313,323 | tax credit/rebate | |
| Eaton Corporation | Eaton | United States | federal | 2012 | $313,333 | federal grant | |
| THE BABCOCK & WILCOX COMPANY | Babcock & Wilcox | United States | federal | 2006 | $313,966 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2007 | $314,278 | federal grant | |
| Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2015 | $314,574 | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2014 | $316,842 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | Pennsylvania | state | 2015 | $317,503 | tax credit/rebate | |
| Precision Estates/Anorad Corporation | Rockwell Automation | New York | local | 2015 | $320,772 | tax credit/rebate | |
| Cooper Lighting, LLC | Eaton | Colorado | state | 2012 | $321,000 | grant | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2009 | $326,939 | tax credit/rebate | |
| TRANE U.S. INC. | Ingersoll-Rand | United States | federal | 2016 | $327,820 | federal grant | |
| TRANE U.S. INC. | Ingersoll-Rand | United States | federal | 2018 | $327,820 | federal grant | |
| Aeroquip Corporation | Eaton | Indiana | local | 2001 | $328,590 | property tax abatement | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2003 | $329,000 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2002 | $329,125 | federal grant | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | $330,000 | tax credit/rebate | ||
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2013 | $330,905 | tax credit/rebate | |
| Hoffman Enclosures, Inc. | Pentair | Kentucky | state | 2009 | $332,500 | tax credit/rebate | |
| Hoffman Enclosures, Inc. | Pentair | Kentucky | state | 2011 | $332,500 | tax credit/rebate | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | United States | federal | 2007 | $334,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2009 | $335,700 | federal grant | |
| The Trane Company | Ingersoll-Rand | Georgia | state | 2003 | $340,000 | grant | |
| Goulds Pumps and ITT Industries Co. | ITT Inc. | New York | state | 2001 | $340,000 | enterprise zone | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2008 | $340,359 | tax credit/rebate | |
| Columbus McKinnon Corporation | Columbus McKinnon | Ohio | state | 2010 | $342,277 | tax credit/rebate | |
| ATLAS COPCO SECOROC LLC | Atlas Copco | United States | federal | 2013 | $343,113 | federal grant | |
| POSITIVE LIGHT INC | Coherent Inc. | United States | federal | 2001 | $343,515 | federal grant | |
| Parker Hydraulics Systems | Parker-Hannifin | Michigan | state | 2010 | $344,847 | tax credit/rebate | |
| Parker Hydraulics Systems | Parker-Hannifin | Michigan | state | 2010 | $344,847 | property tax abatement | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2009 | $345,500 | training reimbursement | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2001 | $349,936 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2008 | $349,953 | federal grant | |
| 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 | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2002 | $350,000 | federal grant | |
| ELDEC CORPORATION | Crane Co. | Washington | state | 2017 | $350,228 | tax credit/rebate | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2009 | $354,535 | federal grant | |
| Emerson Process Management, LLLP | Emerson Electric | Florida | state | 2011 | $357,000 | tax credit/rebate | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2015 | $357,006 | tax credit/rebate | |
| WAUKESHA ELECTRIC SYSTEMS | SPX Corp. | United States | federal | 2007 | $357,007 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2006 | $357,274 | federal grant | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2015 | $357,640 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $357,701 | federal grant | |
| Eaton Corporation | Eaton | North Carolina | state | 2015 | $358,499 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $360,000 | federal grant | |
| ELDEC CORP | Crane Co. | Washington | state | 2011 | $360,467 | tax credit/rebate | |
| ELDEC CORPORATION | Crane Co. | Washington | state | 2015 | $360,583 | tax credit/rebate | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2012 | $361,855 | tax credit/rebate | |
| KUKA Robotics Corp. USA | KUKA AG | Michigan | state | 2011 | $365,000 | tax credit/rebate | |
| GINER, INC | Giner | United States | federal | 2006 | $367,938 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2009 | $368,154 | federal grant | |
| Parker Hannifin Corporation | Parker-Hannifin | New York | state | 2011 | $369,435 | enterprise zone | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2009 | $374,621 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2007 | $374,675 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2010 | $374,860 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2010 | $374,864 | federal grant | |
| SKF Aeroengine North America | SKF | New York | state | 2011 | $374,888 | enterprise zone | |
| SKF Aeroengine North America | SKF | New York | state | 2011 | $374,888 | enterprise zone | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2007 | $374,944 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2009 | $374,964 | federal grant | |
| GINER, INC | Giner | United States | federal | 2009 | $374,965 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2009 | $374,967 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2006 | $374,974 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2009 | $374,978 | federal grant | |
| GINER INC | Giner | United States | federal | 2006 | $374,998 | federal grant | |
| McGill Manufacturing Company, Inc | Emerson Electric | Indiana | state | 2010 | $375,000 | tax credit/rebate | |
| Hy-Pro Corporation | Donaldson | Indiana | state | 2014 | $375,000 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2001 | $375,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2000 | $375,000 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2009 | $375,130 | federal grant | |
| PARKER HANNIFIN CORP - EATON AEROQUIP INC | Parker-Hannifin | Indiana | local | 2004 | $377,590 | property tax abatement | |
| SPX Corporation | SPX Corp. | Michigan | state | 2010 | $377,672 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2009 | $381,360 | tax credit/rebate | |
| The Timken Company | Timken | North Carolina | state | 2015 | $381,425 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2010 | $381,758 | tax credit/rebate | |
| Goulds Pumps and ITT Industries Co. | ITT Inc. | New York | state | 2002 | $393,700 | enterprise zone | |
| EATON CORPORATION | Eaton | United States | federal | 2004 | $395,000 | federal grant | |
| GINER INC. | Giner | United States | federal | 2010 | $399,498 | federal grant | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2008 | $400,000 | tax credit/rebate | |
| Kennametal Inc | Kennametal | Indiana | state | 2014 | $400,000 | tax credit/rebate | |
| PRECISION COMBUSTION INC. | Precision Combustion Inc. | United States | federal | 2000 | $400,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $400,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $400,000 | federal grant | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2012 | $400,000 | federal grant | |
| Semrock, Inc. | IDEX | New York | state | 2015 | $400,000 | tax credit/rebate | |
| Eaton Corporation | Eaton | Indiana | state | 2016 | $400,000 | tax credit/rebate | |
| Eaton Electrical, Inc. | Eaton | North Carolina | state | 2009 | $402,000 | tax credit/rebate | |
| FLOWSERVE CORPORATION | Flowserve | California | state | 2010 | $408,316 | training reimbursement | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2013 | $410,519 | federal grant | |
| Goulds Pumps Administration, Inc. | ITT Inc. | New York | state | 2002 | $414,373 | enterprise zone | |
| SPX COOLING TECHNOLOGIES INC | SPX Corp. | United States | federal | 2008 | $415,825 | federal grant | |
| Goulds Pumps Administration, Inc. | ITT Inc. | New York | state | 2003 | $419,114 | enterprise zone | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2009 | $420,435 | property tax abatement |
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