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 CompaniesTotal Subsidy $Number of Awards
Babcock & Wilcox$388,060,18153
Eaton$209,355,259236
Emerson Electric$87,079,357111
ITT Inc.$82,304,68397
Giner$66,670,312141
SPX Corp.$64,662,204106
Danfoss$57,359,28230
Parker-Hannifin$49,107,228176
Timken$40,424,34538
Luna Innovations$37,176,874132


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
LUNA INNOVATIONS, INC. Luna Innovations United States federal 2004 $499,958 federal grant
GINER EC SYSTEMS, LLC Giner United States federal 2003 $499,926 federal grant
GINER EC SYSTEMS, LLC Giner United States federal 2003 $499,926 federal grant
LUNA INNOVATIONS, INC. Luna Innovations United States federal 2002 $499,913 federal grant
Luna Innovations, Inc. Luna Innovations United States federal 2007 $499,831 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2010 $499,609 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2011 $499,444 federal grant
Lord Corporation Lord Corporation Pennsylvania state 2015 $498,784 tax credit/rebate
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2002 $495,877 federal grant
Cooper Power Systems, LLC Eaton United States federal 2010 $495,510 federal allocated tax credit
ITT/Goulds Pumps, Inc. ITT Inc. New York local 2011 $495,204 tax credit/rebate; property tax abatement
Coherent, Inc. Coherent Inc. United States federal 2013 $492,953 federal grant
LUNA INNOVATIONS, INC. Luna Innovations United States federal 2003 $490,996 federal grant
BABCOCK & WILCOX CO Babcock & Wilcox United States federal 2003 $489,791 federal grant
Clyde Union, Inc. SPX Corp. Michigan state 2010 $487,000 property tax abatement
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2011 $485,774 federal grant
Heil Trailer International, Inc. Dover Corp. Tennessee state 2012 $485,000 training reimbursement
Parker Hydraulics Systems Parker-Hannifin Michigan state 2010 $484,300 tax credit/rebate
Eaton Hydraulics Inc. Eaton Iowa state 2008 $483,025 tax credit/rebate
The Trane Company Ingersoll-Rand Florida state 2002 $480,000 tax credit/rebate
PARKER-HANNIFIN CORPORATION Parker-Hannifin United States federal 2010 $475,750 federal grant
PCB Piezotronics of North Carolina MTS Systems North Carolina state 2012 $475,000 tax credit/rebate
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2006 $475,000 federal grant
Kennametal, Inc. Kennametal Massachusetts state 2015 $465,000 tax credit/rebate
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2006 $464,907 federal grant
ITT/Goulds Pumps, Inc. ITT Inc. New York local 2007 $461,424 tax credit/rebate; property tax abatement
NUVONYX, INC Coherent Inc. United States federal 2003 $461,122 federal grant
LUNA INNOVATIONS, INC. Luna Innovations United States federal 2004 $460,789 federal grant
Cooper B-Line, Inc. Eaton Nevada state 2014 $460,176 tax credit/rebate
GINER, INC. Giner United States federal 2011 $460,000 federal grant
ITT/Goulds Pumps, Inc. ITT Inc. New York local 2009 $459,528 tax credit/rebate; property tax abatement
Eaton Corporation Eaton New York state 2012 $457,887 enterprise zone
Parker Hannifin ( Aeroquip) 50 Parker-Hannifin Indiana local 2003 $457,580 property tax abatement
Goulds Pumps Administration, Inc. ITT Inc. New York state 2005 $455,415 enterprise zone
LUNA INNOVATIONS, INC. Luna Innovations United States federal 2002 $454,808 federal grant
LUNA INNOVATIONS INC Luna Innovations United States federal 2001 $454,553 federal grant
Sargent Controls & Aerospace Dover Corp. Arizona state 2011 $450,500 training reimbursement
Timken US Corporation Timken North Carolina state 2008 $450,000 tax credit/rebate
WAUKESHA ELECTRIC SYSTEMS, INC. SPX Corp. United States federal 2006 $450,000 federal grant
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2007 $450,000 federal grant
ITT CORPORATION (8950) ITT Inc. United States federal 2008 $449,919 federal grant
SCHAEFFLER GROUP USA, INC. (FAG BEARING) Schaeffler Technologies Missouri state 2019 $449,900 tax credit/rebate
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2014 $449,898 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2010 $449,741 federal grant
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2002 $443,000 federal grant
EATON AEROQUIP, LLC Eaton Arkansas state 2010 $438,309 tax credit/rebate
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2000 $438,000 federal grant
Goulds Pumps Administration, Inc. ITT Inc. New York state 2004 $435,433 enterprise zone
LUNA INNOVATIONS INC Luna Innovations United States federal 2005 $435,093 federal grant
EATON CORPORATION Eaton United States federal 2004 $434,000 federal grant
Clyde Union, Inc. SPX Corp. Michigan state 2010 $431,000 tax credit/rebate
Goulds Pumps Administration Inc. ITT Inc. New York state 2006 $430,000 enterprise zone
EATON CORPORATION Eaton United States federal 2009 $429,530 federal grant
Snap-on Business Solutions Snap-on Ohio state 2008 $425,623 tax credit/rebate
Voith Hydro, Inc. Voith Pennsylvania state $425,000 grant
Franklin Electric Company Franklin Electric New Jersey state 2007 $424,508 grant
Alliance Compressors Emerson Electric Louisiana state 2009 $420,435 property tax abatement
Goulds Pumps Administration, Inc. ITT Inc. New York state 2003 $419,114 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 2002 $414,373 enterprise zone
Stowe Woodward Andritz Louisiana state 2008 $413,169 tax credit/rebate
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2013 $410,519 federal grant
FLOWSERVE CORPORATION Flowserve California state 2010 $408,316 training reimbursement
Eaton Electrical, Inc. Eaton North Carolina state 2009 $402,000 tax credit/rebate
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
GINER INC. Giner United States federal 2010 $399,498 federal grant
EATON CORPORATION Eaton United States federal 2004 $395,000 federal grant
Goulds Pumps and ITT Industries Co. ITT Inc. New York state 2002 $393,700 enterprise zone
Stowe Woodward Andritz Louisiana state 2009 $385,737 property tax abatement
Kennametal, Inc. Kennametal North Carolina state 2010 $381,758 tax credit/rebate
The Timken Company Timken North Carolina state 2015 $381,425 tax credit/rebate
Kennametal, Inc. Kennametal North Carolina state 2009 $381,360 tax credit/rebate
SPX Corporation SPX Corp. Michigan state 2010 $377,672 tax credit/rebate
PARKER HANNIFIN CORP - EATON AEROQUIP INC Parker-Hannifin Indiana local 2004 $377,590 property tax abatement
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2009 $375,130 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
UNIQUE MOBILITY INC Danfoss United States federal 2000 $375,000 federal grant
GINER INC Giner United States federal 2006 $374,998 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2009 $374,978 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2006 $374,974 federal grant
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2009 $374,967 federal grant
GINER, INC Giner United States federal 2009 $374,965 federal grant
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2009 $374,964 federal grant
LUNA INNOVATIONS INC Luna Innovations United States federal 2007 $374,944 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
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2010 $374,864 federal grant
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2010 $374,860 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2007 $374,675 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2009 $374,621 federal grant
Parker Hannifin Corporation Parker-Hannifin New York state 2011 $369,435 enterprise zone
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