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 CompaniesTotal Subsidy $Number of Awards
Babcock & Wilcox$388,060,18153
Eaton$203,537,634230
Emerson Electric$86,296,927109
ITT Inc.$82,224,48696
SPX Corp.$64,662,204106
Giner$64,275,071137
Parker-Hannifin$49,050,204175
Timken$40,424,34538
Luna Innovations$36,551,874131
Precision Combustion Inc.$35,799,085100


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Value Loan/Bailout Valuesort icon Type of Subsidy
EATON CORPORATION Eaton United States federal 2012 $3,400,000 federal grant
BABCOCK & WILCOX TECHNICAL SERVICES GROUP, IN Babcock & Wilcox United States federal 2009 $3,362,922 federal grant
Instrument and Valve Services Inc. Emerson Electric Louisiana state 2013 $3,357,930 tax credit/rebate
EATON CORPORATION Eaton United States federal 2018 $3,350,928 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2016 $3,289,925 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2018 $3,289,925 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2018 $3,289,925 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2019 $3,289,925 federal grant
NACCO Materials Handling Group, Inc. Hyster-Yale Materials Handling Kentucky state 2007 $3,185,400 tax credit/rebate
Voith Hydro Voith United States federal 2010 $3,083,263 federal allocated tax credit
NACCO Materials Handling Group, Inc. Hyster-Yale Materials Handling Kentucky state 2003 $3,000,000 tax credit/rebate
SMC Corporation of America SMC Corp. Indiana state 2009 $3,000,000 tax credit/rebate
ASCO Power Technologies, L.P. Emerson Electric North Carolina state 2009 $2,990,000 grant
THE TIMKEN COMPANY Timken United States federal 2008 $2,790,880 federal grant
Dover Corporation Dover Corp. Illinois state 2014 $2,739,483 tax credit/rebate
BWXT NUCLEAR ENERGY, INC. Babcock & Wilcox United States federal 2018 $2,735,039 federal grant
BWXT NUCLEAR ENERGY, INC. Babcock & Wilcox United States federal 2019 $2,735,039 federal grant
Franklin Electric Co., Inc. Franklin Electric Indiana state 2011 $2,700,000 tax credit/rebate
THE BABCOCK & WILCOX COMPANY Babcock & Wilcox United States federal 2006 $2,486,000 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2013 $2,483,005 federal grant
EATON CORPORATION Eaton United States federal 2014 $2,428,655 federal grant
EATON CORPORATION Eaton United States federal 2017 $2,428,655 federal grant
EATON CORPORATION Eaton United States federal 2013 $2,418,242 federal grant
GINER, INC. Giner United States federal 2016 $2,367,218 federal grant
GINER, INC. Giner United States federal 2018 $2,367,218 federal grant
GINER, INC. Giner United States federal 2019 $2,367,218 federal grant
EATON CORPORATION Eaton United States federal 2018 $2,351,278 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2017 $2,347,479 federal grant
PARKER HANNIFIN CORP Parker-Hannifin Ohio state 2012 $2,329,087 grant/loan hybrid program
Emerson Power Emerson Electric Kentucky state 2009 $2,300,000 tax credit/rebate
Instrument and Valve Services Inc. Emerson Electric Louisiana state 2015 $2,236,396 property tax abatement
PARKER HANNIFIN CORP Parker-Hannifin Indiana local 2007 $2,221,900 property tax abatement
Solus Industrial Innovations, LLC Emerson Electric Kentucky state 2011 $2,208,000 tax credit/rebate
Fisher Controls International LLC 07-EZ-026 Emerson Electric Iowa state 2006 $2,187,250 enterprise zone
PARKER HANNIFIN CORPORATION Parker-Hannifin Indiana local 2008 $2,185,732 property tax abatement
BioStorage Technologies, Inc. Brooks Automation Indiana state 2005 $2,174,151 tax credit/rebate
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2018 $2,159,813 federal grant
GINER, INC. Giner United States federal 2018 $2,149,886 federal grant
GINER, INC. Giner United States federal 2019 $2,149,850 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2018 $2,148,951 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2019 $2,148,951 federal grant
Parker-Hannifin Corporation Parker-Hannifin Ohio state 2011 $2,148,540 tax credit/rebate
GINER, INC. Giner United States federal 2019 $2,112,591 federal grant
Dover Corporation Dover Corp. Illinois state 2015 $2,064,271 tax credit/rebate
WAUKESHA ELECTRIC SYSTEM SPX Corp. United States federal 2000 $2,038,363 federal grant
EATON CORPORATION Eaton United States federal 2012 $2,001,630 federal grant
AvBorne Heavy Maintenance, Inc. Dover Corp. Florida state 1997 $2,000,000 tax credit/rebate
NACCO Materials Handling Group, Inc. Hyster-Yale Materials Handling Kentucky state 2013 $2,000,000 tax credit/rebate
Eaton Eaton North Carolina local 2011 $2,000,000 grant
EATON CORPORATION Eaton United States federal 2015 $1,999,439 federal grant
EATON CORPORATION Eaton United States federal 2018 $1,999,439 federal grant
EATON CORPORATION Eaton United States federal 2019 $1,999,439 federal grant
GINER, INC. Giner United States federal 2018 $1,998,934 federal grant
THE TIMKEN COMPANY Timken United States federal 2007 $1,980,000 federal grant
TIMKEN CO Timken United States federal 2004 $1,975,000 federal grant
THE TIMKEN COMPANY Timken United States federal 2005 $1,972,215 federal grant
EATON CORPORATION Eaton United States federal 2017 $1,957,048 federal grant
KENNAMETAL INC Kennametal United States federal 2006 $1,949,996 federal grant
Dielectric Laboratories Inc. Dover Corp. New York state 2015 $1,922,460 tax credit/rebate
The Lincoln Electric Company Lincoln Electric Holdings United States federal 2011 $1,906,036 federal grant
Goulds Pumps and ITT Industries Co. ITT Inc. New York state 2003 $1,905,100 enterprise zone
EATON CORPORATION Eaton United States federal 2010 $1,861,364 federal grant
THE TIMKEN COMPANY Timken United States federal 2007 $1,861,208 federal grant
EATON CORPORATION Eaton United States federal 2016 $1,813,571 federal grant
EATON CORPORATION Eaton United States federal 2017 $1,813,571 federal grant
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2008 $1,789,213 tax credit/rebate
Kaydon SKF United States federal 2010 $1,774,800 federal allocated tax credit
LORD Corporation Lord Corporation Pennsylvania state $1,750,000 grant
Rockwell Automation, Inc. Rockwell Automation Indiana state 2018 $1,750,000 tax credit/rebate
EATON CORPORATION Eaton United States federal 2014 $1,749,820 federal grant
EATON CORPORATION Eaton United States federal 2018 $1,749,820 federal grant
Alliance Compressors Emerson Electric Louisiana state 2015 $1,727,909 property tax abatement
GINER, INC. Giner United States federal 2018 $1,724,936 federal grant
Dover Corporation Dover Corp. Illinois state 2016 $1,724,022 tax credit/rebate
GINER, INC. Giner United States federal 2019 $1,723,631 federal grant
Hyster-Yale Group, Inc. Hyster-Yale Materials Handling Kentucky state 2016 $1,719,630 tax credit/rebate
Alliance Compressors, LLC Emerson Electric Louisiana state 2016 $1,711,948 property tax abatement
EXTRUDE HONE CORPORATION Kennametal United States federal 2007 $1,699,888 federal grant
EATON CORPORATION Eaton United States federal 2018 $1,688,268 federal grant
EMERSON ELECTRIC CO. Emerson Electric United States federal 2010 $1,650,838 federal grant
KENNAMETAL INC Kennametal United States federal 2005 $1,649,500 federal grant
Fellon-McCord & Associates, Inc. Ingersoll-Rand Kentucky state 2002 $1,603,710 tax credit/rebate
PCB Piezotronics of North Carolina MTS Systems North Carolina state 2004 $1,602,000 grant
EATON CORPORATION Eaton United States federal 2016 $1,590,919 federal grant
EATON CORPORATION Eaton United States federal 2017 $1,590,919 federal grant
EATON CORPORATION Eaton United States federal 2018 $1,590,919 federal grant
PARKER HANNIFIN CORPORATION Parker-Hannifin Indiana local 2009 $1,588,610 property tax abatement
The Trane Company Ingersoll-Rand Florida state 1995 $1,576,439 grant
KENNAMETAL INC Kennametal United States federal 2004 $1,574,955 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2011 $1,550,589 federal grant
Dokka Fasteners, Incorporated Wurth Group Michigan state 2011 $1,521,000 tax credit/rebate
Emerson Power Transmission, L.P. Emerson Electric Kentucky state 2009 $1,500,000 tax credit/rebate
EATON CORPORATION Eaton Ohio state 2009 $1,500,000 grant
EATON CORPORATION Eaton Ohio state 2010 $1,500,000 grant
EATON CORPORATION Eaton Ohio state 2011 $1,500,000 grant
EATON CORPORATION Eaton Ohio state 2012 $1,500,000 grant
BOMAG Americas, Inc. SPX Corp. South Carolina state 2014 $1,500,000 grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2014 $1,500,000 federal grant
Goulds Pumps, Inc. ITT Inc. New York state 2015 $1,500,000 tax credit/rebate
EATON CORPORATION Eaton United States federal 2019 $1,500,000 federal grant
GINER, INC. Giner United States federal 2015 $1,499,939 federal grant
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