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
GINER, INC. Giner United States federal 2015 $1,499,939 federal grant
Rosemount Inc Emerson Electric Minnesota local 2013 $1,440,496 tax credit/rebate and grant
Eaton Corporation Eaton Kentucky state 2010 $1,440,000 tax credit/rebate
Eaton Corporation Eaton Kentucky state 2010 $1,440,000 tax credit/rebate
BABCOCK & WILCOX TECHNICAL SERVICES GROUP, IN Babcock & Wilcox United States federal 2011 $1,430,352 federal grant
Timken Company, The Timken North Carolina state 2008 $1,411,529 tax credit/rebate
PARKER-HANNIFIN CORPORATION Parker-Hannifin United States federal 2008 $1,401,631 federal grant
GINER, INC. Giner United States federal 2017 $1,378,597 federal grant
KUKA Systems North America LLC KUKA AG Michigan state 2015 $1,366,000 property tax abatement
EXTRUDE HONE CORPORATION Kennametal United States federal 2008 $1,360,255 federal grant
GINER, INC. Giner United States federal 2018 $1,339,187 federal grant
GINER, INC. Giner United States federal 2018 $1,339,187 federal grant
GINER, INC. Giner United States federal 2019 $1,339,187 federal grant
ITT Corporation ITT Inc. Indiana state 2011 $1,330,000 tax credit/rebate
The Timken Company Timken United States federal 2010 $1,329,935 federal allocated tax credit
LORD Corporation Lord Corporation North Carolina state 2011 $1,308,750 grant
EATON CORPORATION Eaton United States federal 2012 $1,300,021 federal grant
Crown Equipment Company Crown Equipment Indiana state 2012 $1,300,000 tax credit/rebate
EATON CORPORATION Eaton United States federal 2017 $1,293,036 federal grant
Clyde Union, Inc. SPX Corp. Michigan state 2010 $1,269,000 tax credit/rebate
Fellon-McCord & Associates, Inc. Ingersoll-Rand Kentucky state 2006 $1,249,000 tax credit/rebate
LUNA INNOVATIONS INC Luna Innovations United States federal 2001 $1,202,111 federal grant
Lord Corporation Lord Corporation Kentucky state 2007 $1,200,000 tax credit/rebate
Crown Equipment Corporation Crown Equipment Indiana state 2012 $1,200,000 tax credit/rebate
EXTRUDE HONE CORPORATION Kennametal United States federal 2005 $1,200,000 federal grant
The Timken Company Timken North Carolina state 2015 $1,195,285 tax credit/rebate
EATON CORPORATION Eaton United States federal 2018 $1,191,040 federal grant
Aeroquip Corporation Eaton Indiana local 2001 $1,187,310 property tax abatement
Lydall Thermal/Acoustical, Inc. Lydall North Carolina state 2011 $1,180,000 tax credit/rebate
EATON US HOLDINGS INC Eaton Oklahoma state 2014 $1,173,715 tax credit/rebate
Emerson Climate Technologies, Inc. Emerson Electric Indiana state 2010 $1,165,000 tax credit/rebate
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2018 $1,164,469 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2019 $1,164,469 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2017 $1,159,999 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2018 $1,159,996 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2019 $1,159,996 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2018 $1,159,994 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2017 $1,159,839 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2019 $1,154,999 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2018 $1,153,468 federal grant
GINER, INC. Giner United States federal 2014 $1,149,984 federal grant
GINER, INC. Giner United States federal 2018 $1,149,984 federal grant
GINER, INC. Giner United States federal 2018 $1,149,938 federal grant
GINER, INC. Giner United States federal 2019 $1,149,465 federal grant
Parker Hydraulics Systems Parker-Hannifin Michigan state 2010 $1,142,325 tax credit/rebate
Emerson Climate Technologies, Inc. Emerson Electric Indiana state 2005 $1,135,200 tax credit/rebate
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2012 $1,128,930 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2018 $1,115,991 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2018 $1,115,991 federal grant
Eaton Corporation Eaton North Carolina state 2012 $1,112,500 tax credit/rebate
SWAGELOK COMPANY Swagelok Ohio state 2004 $1,111,128 enterprise zone
SMC Corporation of America SMC Corp. Indiana state 2009 $1,100,000 tax credit/rebate
PARKER HANNIFIN CORPORATION Parker-Hannifin Indiana local 2010 $1,087,810 property tax abatement
KENNAMETAL INC Kennametal United States federal 2007 $1,087,000 federal grant
GINER, INC. Giner United States federal 2017 $1,082,371 federal grant
EATON CORPORATION Eaton United States federal 2019 $1,079,876 federal grant
Snap-On Logistics Company 07-EZ-027 Snap-on Iowa state 2006 $1,070,000 enterprise zone
EATON CORPORATION Eaton United States federal 2018 $1,068,286 federal grant
WAUKESHA ELECTRIC SYSTEM SPX Corp. United States federal 2002 $1,053,467 federal grant
Eaton Corporation Eaton North Carolina state 2013 $1,040,732 tax credit/rebate
KUKA Robotics Corp. USA KUKA AG Michigan state 2011 $1,039,000 tax credit/rebate
EATON CORPORATION Eaton United States federal 2017 $1,026,710 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2016 $1,009,999 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2016 $1,009,948 federal grant
Goulds Pumps Incorporated 2012/2013 Project ITT Inc. New York local 2013 $1,001,348 tax credit/rebate; property tax abatement
NSK Corporation NSK Iowa state 2005 $1,000,000 grant/loan hybrid program
Snap-On Logistics Company Snap-on Iowa state 2006 $1,000,000 infrastructure assistance
Kop-Flex, Inc. Emerson Electric Kentucky state 2010 $1,000,000 tax credit/rebate
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
Fanuc Robotics America Corporation Fanuc Michigan state 2018 $1,000,000 tax credit/rebate
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
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