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 Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Babcock & Wilcox | $388,060,181 | 53 |
| Eaton | $209,355,259 | 236 |
| Emerson Electric | $87,079,357 | 111 |
| ITT Inc. | $82,304,683 | 97 |
| Giner | $66,670,312 | 141 |
| SPX Corp. | $64,662,204 | 106 |
| Danfoss | $57,359,282 | 30 |
| Parker-Hannifin | $49,107,228 | 176 |
| Timken | $40,424,345 | 38 |
| Luna Innovations | $37,176,874 | 132 |
Individual Subsidy Records:
| Company | Parent | Location | Subsidy Source | Year | Subsidy Value |
Loan/Bailout Value |
Type of Subsidy |
|---|---|---|---|---|---|---|---|
| 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 | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2009 | $368,154 | federal grant | |
| GINER, INC | Giner | United States | federal | 2006 | $367,938 | federal grant | |
| KUKA Robotics Corp. USA | KUKA AG | Michigan | state | 2011 | $365,000 | tax credit/rebate | |
| UQM TECHNOLOGIES, INC. | Danfoss | United States | federal | 2011 | $362,761 | federal grant | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2012 | $361,855 | tax credit/rebate | |
| ELDEC CORPORATION | Crane Co. | Washington | state | 2015 | $360,583 | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2011 | $360,467 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $360,000 | federal grant | |
| Eaton Corporation | Eaton | North Carolina | state | 2015 | $358,499 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $357,701 | federal grant | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2015 | $357,640 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2006 | $357,274 | federal grant | |
| WAUKESHA ELECTRIC SYSTEMS | SPX Corp. | United States | federal | 2007 | $357,007 | federal grant | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2015 | $357,006 | tax credit/rebate | |
| Emerson Process Management, LLLP | Emerson Electric | Florida | state | 2011 | $357,000 | tax credit/rebate | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2009 | $354,535 | federal grant | |
| ELDEC CORPORATION | Crane Co. | Washington | state | 2017 | $350,228 | tax credit/rebate | |
| 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 | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2008 | $349,953 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2001 | $349,936 | federal grant | |
| SMC Corporation of America | SMC Corp. | Indiana | state | 2009 | $345,500 | training reimbursement | |
| 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 | |
| POSITIVE LIGHT INC | Coherent Inc. | United States | federal | 2001 | $343,515 | federal grant | |
| ATLAS COPCO SECOROC LLC | Atlas Copco | United States | federal | 2013 | $343,113 | federal grant | |
| UNIQUE MOBILITY INC | Danfoss | United States | federal | 2001 | $342,977 | federal grant | |
| Columbus McKinnon Corporation | Columbus McKinnon | Ohio | state | 2010 | $342,277 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2008 | $340,359 | tax credit/rebate | |
| 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 | |
| EATON CORPORATION | Eaton | United States | federal | 2009 | $335,700 | federal grant | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | United States | federal | 2007 | $334,000 | federal grant | |
| Hoffman Enclosures, Inc. | Pentair | Kentucky | state | 2009 | $332,500 | tax credit/rebate | |
| Hoffman Enclosures, Inc. | Pentair | Kentucky | state | 2011 | $332,500 | tax credit/rebate | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2013 | $330,905 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | $330,000 | tax credit/rebate | ||
| UQM TECHNOLOGIES INC | Danfoss | United States | federal | 2003 | $330,000 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2002 | $329,125 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2003 | $329,000 | federal grant | |
| Aeroquip Corporation | Eaton | Indiana | local | 2001 | $328,590 | property tax abatement | |
| 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 |
