Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,303,006,846
Number of Awards:
2,843
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 | $381,294,023 | 50 |
| Eaton | $194,763,247 | 223 |
| Emerson Electric | $86,098,311 | 110 |
| ITT Inc. | $82,187,257 | 92 |
| SPX Corp. | $64,662,204 | 106 |
| Giner | $58,257,399 | 130 |
| Parker-Hannifin | $48,702,121 | 173 |
| Timken | $40,424,345 | 38 |
| Pentair | $35,191,959 | 36 |
| Luna Innovations | $32,880,399 | 121 |
Individual Subsidy Records:
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| Company | Parent | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Fellon-McCord & Associates, LLC | Ingersoll-Rand | Kentucky | state | 2010 | $1,000,000 | tax credit/rebate | |
| Kop-Flex, Inc. | Emerson Electric | Kentucky | state | 2012 | $1,000,000 | tax credit/rebate | |
| LINCOLN ELECTRIC CO | Lincoln Electric Holdings | Ohio | state | 2012 | $1,000,000 | grant | |
| Eaton Corporation | Eaton | Wisconsin | state | 2012 | $1,000,000 | tax credit/rebate | |
| IKG Industries | Harsco | Indiana | state | 2006 | $1,000,000 | tax credit/rebate | |
| BioStorage Technologies, Inc. | Brooks Automation | Indiana | state | 2011 | $1,000,000 | tax credit/rebate | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2010 | $1,000,000 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2010 | $1,000,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2012 | $1,000,000 | federal grant | |
| Emerson Process Management | Emerson Electric | Texas | state | 2013 | $1,000,000 | grant | |
| GINER, INC. | Giner | United States | federal | 2015 | $999,989 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2015 | $999,926 | federal grant | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2015 | $999,362 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2017 | $989,389 | federal grant | |
| Dokka Fasteners, Incorporated | Wurth Group | Michigan | state | 2011 | $967,000 | property tax abatement | |
| The Trane Company | Ingersoll-Rand | Florida | state | 1999 | $962,500 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2011 | $957,100 | grant | |
| ITT Corporation | ITT Inc. | New York | local | 2011 | $953,321 | tax credit/rebate; property tax abatement | |
| Timken Company, The | Timken | North Carolina | state | 2008 | $940,540 | tax credit/rebate | |
| Sparton Electronics Florida, Inc. | Sparton Corp. | Florida | state | 2009 | $936,000 | tax credit/rebate | |
| Alliance Compressors, LLC | Emerson Electric | Louisiana | local | 2017 | $904,278 | property tax abatement | |
| TIMKEN COMPANY | Timken | Ohio | state | 2011 | $900,000 | grant/loan hybrid program | |
| KUKA Systems North America LLC | KUKA AG | Michigan | state | 2015 | $900,000 | grant/loan hybrid program | |
| SCHAEFFLER GROUP USA, INC. (FAG BEARING) | Schaeffler Technologies | Missouri | state | 2012 | $899,080 | tax credit/rebate | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2017 | $894,100 | federal grant | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2019 | $889,536 | federal grant | |
| Acument Global Technologies | Fontana Gruppo | Michigan | state | 2011 | $875,000 | tax credit/rebate | |
| The ESAB Group, Inc. | Colfax | South Carolina | state | 2011 | $875,000 | grant | |
| Clyde Union, Inc. | SPX Corp. | Michigan | state | 2010 | $871,000 | tax credit/rebate | |
| Hill PHOENIX (Barker Specialty Products by Hill PHOENIX) | Dover Corp. | Iowa | state | 2008 | $866,359 | training reimbursement | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2009 | $857,246 | grant/loan hybrid program | |
| Snap-on Incorporated and its affiliates and subsid | Snap-on | Illinois | state | 2014 | $854,937 | tax credit/rebate | |
| BWXT Nuclear Operations Group, Inc. | Babcock & Wilcox | Indiana | state | 2017 | $850,000 | tax credit/rebate | |
| Cooper Power Systems, LLC | Eaton | United States | federal | 2010 | $846,180 | federal allocated tax credit | |
| EATON US HOLDINGS INC | Eaton | Oklahoma | state | 2012 | $840,254 | tax credit/rebate | |
| Goulds Pumps ITT Industries | ITT Inc. | New York | state | 2015 | $832,302 | enterprise zone | |
| Alliance Compressors | Emerson Electric | Louisiana | local | 2014 | $830,494 | property tax abatement | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2014 | $824,100 | federal grant | |
| Goulds Pumps ITT Industries | ITT Inc. | New York | state | 2013 | $816,071 | enterprise zone | |
| EATON AEROQUIP | Eaton | Arkansas | state | 2010 | $812,584 | tax credit/rebate | |
| Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2012 | $812,500 | tax credit/rebate | |
| Snap-on Incorporated and its affiliates and subsid | Snap-on | Illinois | state | 2013 | $806,529 | tax credit/rebate | |
| EXTRUDE HONE | Kennametal | United States | federal | 2000 | $805,834 | federal grant | |
| Timken Company | Timken | Georgia | state | 2007 | $800,000 | grant | |
| General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | $800,000 | grant | ||
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2010 | $800,000 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2018 | $799,503 | federal grant | |
| Voith Paper Fabric & Roll Systems, Inc. | Voith | Louisiana | state | 2013 | $799,086 | property tax abatement | |
| Goulds Pumps Incorporated 2012/2013 Project | ITT Inc. | New York | local | 2014 | $797,798 | tax credit/rebate | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2009 | $785,000 | federal grant | |
| LUNA INNOVATIONS INC. | Luna Innovations | United States | federal | 2002 | $782,099 | federal grant | |
| BABCOCK & WILCOX COMPANY, THE (INC) | Babcock & Wilcox | United States | federal | 2009 | $766,000 | federal grant | |
| BABCOCK & WILCOX POWER GENERATION GROUP, INC. | Babcock & Wilcox | United States | federal | 2012 | $761,600 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2015 | $759,334 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2018 | $759,334 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2018 | $759,334 | federal grant | |
| Belden, Inc. | Belden | Indiana | state | 2011 | $750,000 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2010 | $750,000 | federal grant | |
| Donaldson Company Inc | Donaldson | Indiana | state | 2018 | $750,000 | tax credit/rebate | |
| GINER, INC. | Giner | United States | federal | 2013 | $749,983 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2013 | $749,970 | federal grant | |
| Wiseco Piston Company, Inc. | Dover Corp. | Ohio | state | 2012 | $749,829 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2013 | $745,777 | federal grant | |
| BABCOCK & WILCOX COMPANY, THE | Babcock & Wilcox | United States | federal | 2018 | $741,194 | federal grant | |
| BABCOCK & WILCOX COMPANY, THE | Babcock & Wilcox | United States | federal | 2018 | $741,194 | federal grant | |
| Parker Hannifin ( Aeroquip) 50 | Parker-Hannifin | Indiana | local | 2002 | $738,850 | property tax abatement | |
| Parker Hydraulics Systems | Parker-Hannifin | Michigan | state | 2010 | $738,000 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $733,500 | tax credit/rebate | |
| WAUKESHA ELECTRIC SYSTEMS | SPX Corp. | United States | federal | 2003 | $733,488 | federal grant | |
| Voith Paper Fabric & Roll Systems, Inc. | Voith | Louisiana | local | 2014 | $731,722 | property tax abatement | |
| BWXT Nuclear Operations Group, Inc. | Babcock & Wilcox | Indiana | state | 2018 | $725,000 | tax credit/rebate | |
| Dokka Fasteners, Incorporated | Wurth Group | Michigan | state | 2011 | $714,000 | tax credit/rebate | |
| Snap-on Incorporated and its affiliates and subsid | Snap-on | Illinois | state | 2015 | $711,327 | tax credit/rebate | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2013 | $701,397 | property tax abatement | |
| Autoform Tool & Manufacturing, Inc. | Park-Ohio Holdings | Indiana | state | 2013 | $700,000 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2003 | $700,000 | federal grant | |
| Snap-on Incorporated and its affiliates and subsid | Snap-on | Illinois | state | 2016 | $682,065 | tax credit/rebate | |
| ITT Corporation | ITT Inc. | New York | local | 2008 | $677,169 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps Inc. (2) | ITT Inc. | New York | local | 2012 | $673,709 | tax credit/rebate; property tax abatement | |
| Diamond Innovations, Inc. | Sandvik | Ohio | state | 2011 | $672,812 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll-Rand | North Carolina | state | 2013 | $672,598 | tax credit/rebate | |
| Voith Paper Fabric & Roll Systems, Inc. | Voith | Louisiana | state | 2012 | $665,158 | property tax abatement | |
| NSK Corporation | NSK | Iowa | state | 2006 | $663,900 | training reimbursement | |
| EATON CORPORATION | Eaton | Oklahoma | state | 2011 | $663,541 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll-Rand | North Carolina | state | 2015 | $652,136 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $650,565 | federal grant | |
| Atlas Copco Tools & Assembly Systems | Atlas Copco | Kentucky | state | 2011 | $650,000 | tax credit/rebate | |
| Atlas Copco USA Holdings, Inc. | Atlas Copco | Kentucky | state | 2012 | $650,000 | tax credit/rebate | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2008 | $650,000 | federal grant | |
| Crown Equipment Corporation | Crown Equipment | Indiana | state | 2017 | $650,000 | tax credit/rebate | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2008 | $649,878 | tax credit/rebate; property tax abatement | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2010 | $643,992 | federal grant | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2009 | $639,585 | property tax abatement | |
| Marley-Wylain Company, The | SPX Corp. | North Carolina | state | 2008 | $638,120 | tax credit/rebate | |
| EATON US HOLDINGS INC | Eaton | Oklahoma | state | 2016 | $637,311 | tax credit/rebate | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2013 | $622,395 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2007 | $621,202 | federal grant | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2010 | $618,803 | tax credit/rebate; property tax abatement | |
| Universal Instruments | Dover Corp. | New York | state | 2001 | $618,274 | enterprise zone | |
| Universal Instruments | Dover Corp. | New York | state | 2001 | $618,274 | enterprise zone | |
| Instrument and Valve Services Inc. | Emerson Electric | Louisiana | state | 2016 | $613,041 | property tax abatement |
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