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:
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| Company | Parent | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Parker Hannifin Corporation | Parker-Hannifin | Indiana | state | 2007 | $200,000 | training reimbursement | |
| Clarcor Air Filtration Products, Inc. | Parker-Hannifin | Indiana | state | 2009 | $200,000 | training reimbursement | |
| Illinois Tool Works Inc. | Illinois Tool Works | Kentucky | state | 2012 | $200,000 | tax credit/rebate | |
| Snap-On Tools | Snap-on | North Carolina | state | 2009 | $200,000 | grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2004 | $200,000 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2006 | $200,000 | federal grant | |
| UQM TECHNOLOGIES, INC | Danfoss | United States | federal | 2005 | $200,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2012 | $200,000 | federal grant | |
| WAUKESHA ELECTRIC SYSTEMS | SPX Corp. | United States | federal | 2004 | $200,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2003 | $200,000 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $200,000 | federal grant | |
| Babcock & Wilcox Technical Services Group, Inc. | Babcock & Wilcox | Virginia | state | 2011 | $200,000 | grant | |
| BWXT Nuclear Operations Group, Inc. | Babcock & Wilcox | Indiana | state | 2017 | $200,000 | training reimbursement | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2019 | $200,000 | federal grant | |
| Stoody Company | Colfax | Kentucky | state | 2019 | $200,000 | tax credit/rebate | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2019 | $199,997 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2019 | $199,993 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2020 | $199,992 | federal grant | |
| ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2005 | $199,087 | tax credit/rebate | |
| Snap-On Tools, LLC | Snap-on | Tennessee | state | 2012 | $198,380 | grant | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2013 | $198,134 | tax credit/rebate | |
| PARKER HANNIFIN CORP & SUB | Parker-Hannifin | Maine | state | 2013 | $198,107 | property tax abatement | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2012 | $198,044 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2012 | $198,044 | tax credit/rebate | |
| SKF Aeroengine North America | SKF | New York | state | 2010 | $197,082 | enterprise zone | |
| SKF Aeroengine North America | SKF | New York | state | 2010 | $197,082 | enterprise zone | |
| SWAGELOK COMPANY | Swagelok | United States | federal | 2006 | $197,000 | federal grant | |
| Fluid Routing Solutions | Park-Ohio Holdings | Tennessee | state | 2018 | $197,000 | grant | |
| LUXFER, INC. | Luxfer Holdings | California | state | 2002 | $196,952 | training reimbursement | |
| TRANE US/INDUSTRIAL HPM OWNER LLC | Ingersoll-Rand | Tennessee | local | 2013 | $196,585 | property tax abatement | |
| Torchmate, Inc | Lincoln Electric Holdings | Nevada | state | 2012 | $195,797 | tax credit/rebate | |
| Enidine Incorporated | ITT Inc. | New York | local | 2008 | $195,040 | tax credit/rebate; property tax abatement | |
| KUKA Systems North America LLC | KUKA AG | Michigan | state | 2015 | $195,000 | tax credit/rebate | |
| ELDEC CORP | Crane Co. | Washington | state | 2007 | $194,406 | tax credit/rebate | |
| NSK Corporation | NSK | Iowa | state | 2010 | $194,400 | enterprise zone | |
| Anorad Corporation | Rockwell Automation | New York | local | 2005 | $194,010 | tax credit/rebate; property tax abatement | |
| NSK Steering Systems America, Inc. | NSK | Tennessee | state | 2013 | $192,500 | training reimbursement | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2013 | $192,338 | property tax abatement | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2003 | $190,000 | federal grant | |
| Baltimore Aircoil Company, Inc. | Amsted Industries | California | state | 2015 | $190,000 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $188,929 | tax credit/rebate | |
| BABCOCK & WILCOX COMPANY, THE (INC) | Babcock & Wilcox | United States | federal | 2009 | $188,000 | federal grant | |
| Waukesha Electric Systems, Inc. | SPX Corp. | North Carolina | state | 2009 | $187,500 | tax credit/rebate | |
| Marley-Wylain Company, The | SPX Corp. | North Carolina | state | 2008 | $185,000 | tax credit/rebate | |
| TULSA WINCH INC | Dover Corp. | Oklahoma | state | 2011 | $184,997 | tax credit/rebate | |
| Voith Hydro, Inc. | Voith | Ohio | state | 2009 | $184,378 | tax credit/rebate | |
| SPX COOLING TECHNOLOGIES INC | SPX Corp. | United States | federal | 2009 | $184,000 | federal grant | |
| ELDEC CORP | Crane Co. | Washington | state | 2010 | $183,352 | tax credit/rebate | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | Ohio | state | 2009 | $181,444 | tax credit/rebate | |
| Anorad Corporation | Rockwell Automation | New York | local | 2004 | $181,202 | tax credit/rebate; property tax abatement | |
| UPCO, INC. | Dover Corp. | Oklahoma | state | 2011 | $180,933 | tax credit/rebate | |
| Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2015 | $180,916 | tax credit/rebate | |
| Franklin Electric Co., Inc. | Franklin Electric | Indiana | state | 2011 | $180,627 | tax credit/rebate | |
| KUKA SYSTEMS NORTH AMERICA LLC | KUKA AG | Washington | state | 2015 | $180,608 | tax credit/rebate | |
| NORDSON CORPORATION | Nordson | Ohio | state | 2014 | $180,298 | grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2007 | $180,000 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2011 | $180,000 | federal grant | |
| Portland Valve LLC & Warren Pumps LLC | Colfax | Massachusetts | state | 2011 | $179,809 | tax credit/rebate | |
| General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | Nevada | state | 2008 | $179,515 | tax credit/rebate | |
| UPCO, INC. | Dover Corp. | Oklahoma | state | 2013 | $178,581 | tax credit/rebate | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2012 | $178,214 | federal grant | |
| Hill PHOENIX, Inc. | Dover Corp. | Virginia | state | 2011 | $178,039 | enterprise zone | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2010 | $175,627 | federal grant | |
| Walter USA, LLC | Sandvik | Wisconsin | state | 2013 | $175,000 | tax credit/rebate | |
| SWAGELOK MANUFACTURING | Swagelok | Ohio | state | 2013 | $174,044 | grant | |
| SWAGELOK MANUFACTURING | Swagelok | Ohio | state | 2013 | $174,044 | training reimbursement | |
| NACCO Materials Handling Group, Inc. | Hyster-Yale Materials Handling | Kentucky | state | 2007 | $174,000 | training reimbursement | |
| Pacific Scientific Energetic Materials Co (California) Llc | Fortive | California | state | 2016 | $172,128 | training reimbursement | |
| EATON AEROQUIP LLC | Eaton | Arkansas | state | 2010 | $170,891 | tax credit/rebate | |
| THE BABCOCK & WILCOX COMPANY | Babcock & Wilcox | United States | federal | 2007 | $170,000 | federal grant | |
| Graham Corporation | Graham Corp. | New York | state | 2008 | $168,835 | enterprise zone | |
| Graham Corporation | Graham Corp. | New York | state | 2008 | $168,835 | enterprise zone | |
| BABCOCK & WILCOX COMPANY, THE (INC) | Babcock & Wilcox | United States | federal | 2009 | $168,796 | federal grant | |
| Sandvik Mining & Construction | Sandvik | Florida | state | 2011 | $168,329 | training reimbursement | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2009 | $168,000 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2002 | $167,126 | federal grant | |
| PARKER HANNIFIN CORP & SUB | Parker-Hannifin | Maine | state | 2014 | $166,641 | property tax abatement | |
| Baltimore Aircoil Company, Inc. | Amsted Industries | Delaware | state | 2009 | $166,000 | grant/loan hybrid program | |
| Sauer-Danfoss, Inc. | Danfoss | Iowa | state | 2007 | $165,914 | training reimbursement | |
| Xorail, Inc. | Westinghouse Air Brake Technologies (Wabtec) | Florida | state | 2010 | $165,000 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2013 | $164,797 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2014 | $164,795 | federal grant | |
| SKF Aeroengine North America | SKF | New York | state | 2009 | $164,593 | enterprise zone | |
| SKF Aeroengine North America | SKF | New York | state | 2009 | $164,593 | enterprise zone | |
| Snap-On Specialty Tools | Snap-on | California | state | 2016 | $161,482 | training reimbursement | |
| Goulds Pumps ITT Industries | ITT Inc. | New York | state | 2003 | $161,028 | enterprise zone | |
| MTS SYSTEMS CORPORATION | MTS Systems | United States | federal | 2001 | $161,012 | federal grant | |
| Eaton Corporation | Eaton | Ohio | state | 2011 | $160,825 | tax credit/rebate | |
| Asco Power Technologies, LP | Emerson Electric | North Carolina | state | 2016 | $160,452 | tax credit/rebate | |
| EATON HYDRAULICS LLC | Eaton | Arkansas | state | 2010 | $160,005 | tax credit/rebate | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2013 | $159,988 | grant | |
| CROWN EQUIPMENT CORPORATION | Crown Equipment | Ohio | state | 2013 | $159,988 | training reimbursement | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | United States | federal | 2009 | $159,596 | federal grant | |
| Nordson Extrusion Dies Industries, LLC | Nordson | Wisconsin | state | 2018 | $159,200 | grant | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $157,216 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $157,216 | tax credit/rebate | |
| Eaton Corporation | Eaton | Iowa | state | 2011 | $157,123 | training reimbursement | |
| ELDEC CORP | Crane Co. | Washington | state | 2004 | $157,032 | tax credit/rebate | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2019 | $156,492 | federal grant | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2019 | $156,491 | federal grant | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | Indiana | local | 2012 | $155,220 | property tax abatement |
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