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 Valuesort icon Loan/Bailout Value Type of Subsidy
EATON CORPORATION Eaton Oklahoma state 2011 $663,541 tax credit/rebate
Ingersoll Rand Company Ingersoll-Rand North Carolina state 2015 $652,136 tax credit/rebate
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2005 $650,565 federal grant
Atlas Copco Tools & Assembly Systems Atlas Copco Kentucky state 2011 $650,000 tax credit/rebate
Atlas Copco USA Holdings, Inc. Atlas Copco Kentucky state 2012 $650,000 tax credit/rebate
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2008 $650,000 federal grant
Crown Equipment Corporation Crown Equipment Indiana state 2017 $650,000 tax credit/rebate
ITT/Goulds Pumps, Inc. ITT Inc. New York local 2008 $649,878 tax credit/rebate; property tax abatement
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2010 $643,992 federal grant
Alliance Compressors Emerson Electric Louisiana state 2009 $639,585 property tax abatement
Marley-Wylain Company, The SPX Corp. North Carolina state 2008 $638,120 tax credit/rebate
EATON US HOLDINGS INC Eaton Oklahoma state 2016 $637,311 tax credit/rebate
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2013 $622,395 federal grant
EATON CORPORATION Eaton United States federal 2007 $621,202 federal grant
ITT/Goulds Pumps, Inc. ITT Inc. New York local 2010 $618,803 tax credit/rebate; property tax abatement
Universal Instruments Dover Corp. New York state 2001 $618,274 enterprise zone
Universal Instruments Dover Corp. New York state 2001 $618,274 enterprise zone
Instrument and Valve Services Inc. Emerson Electric Louisiana state 2016 $613,041 property tax abatement
ATLAS COPCO SECOROC LLC Atlas Copco United States federal 2017 $606,602 federal grant
BHA Altair, LLC Parker-Hannifin Kansas state 2013 $604,486 grant
IMO Industries, Inc. Colfax Kentucky state 2009 $600,000 tax credit/rebate
Eaton Electrical, Inc. Eaton Pennsylvania state $600,000 grant
SMC Corporation of America SMC Corp. Indiana state 2012 $600,000 tax credit/rebate
THE BABCOCK & WILCOX COMPANY Babcock & Wilcox United States federal 2005 $600,000 federal grant
GINER, INC. Giner United States federal 2016 $599,991 federal grant
Parker Hannifin Corporation Parker-Hannifin Wisconsin state 2011 $590,000 tax credit/rebate
EATON CORPORATION Eaton United States federal 2011 $588,481 federal grant
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2009 $586,658 tax credit/rebate
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2015 $577,692 tax credit/rebate
Rosemount Inc Emerson Electric Minnesota local 2013 $570,608 tax credit/rebate and grant
EATON CORPORATION Eaton United States federal 2014 $567,915 federal grant
ATLAS COPCO SECOROC LLC Atlas Copco United States federal 2011 $558,508 federal grant
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2005 $556,667 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2011 $550,979 federal grant
SKF Aeroengines SKF New York state 2008 $550,000 grant
WAUKESHA ELECTRIC SYSTEMS, INC. SPX Corp. United States federal 2007 $550,000 federal grant
Transform Automotive LLC Amsted Industries Michigan state 2014 $550,000 grant/loan hybrid program
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2010 $549,950 federal grant
BABCOCK & WILCOX COMPANY, THE (INC) Babcock & Wilcox United States federal 2010 $549,789 federal grant
Lydall Thermal/Acoustical, Inc. Lydall North Carolina state 2016 $548,957 tax credit/rebate
Automatic Switch Company Emerson Electric North Carolina state 2011 $546,217 tax credit/rebate
Lydall Thermal/Acoustical, Inc. Lydall North Carolina state 2012 $545,000 tax credit/rebate
PRECISION COMBUSTION INC Precision Combustion Inc. United States federal 2001 $543,000 federal grant
PAVILION TECHNOLOGIES INC Rockwell Automation United States federal 2005 $541,600 federal grant
SKF Aeroengine North America SKF New York local 2011 $541,000 tax credit/rebate; property tax abatement
Goulds Pumps ITT Industries ITT Inc. New York state 2010 $537,750 enterprise zone
EATON CORPORATION Eaton United States federal 2011 $533,518 federal grant
PARKER HANNIFIN CORPORATION Parker-Hannifin Indiana local 2011 $531,270 property tax abatement
The Timken Company Timken North Carolina state 2013 $526,309 tax credit/rebate
EATON CORPORATION Eaton United States federal 2011 $525,000 federal grant
ITT Corporation 2012/2013 Project (part III) ITT Inc. New York local 2013 $523,854 tax credit/rebate; property tax abatement
LUNA INNOVATIONS, INC. Luna Innovations United States federal 2003 $518,700 federal grant
PARKER HANNIFIN CORPORATION Parker-Hannifin United States federal 2010 $518,513 federal grant
GINER INC Giner United States federal 2006 $517,033 federal grant
Ingersoll Rand Company Ingersoll-Rand North Carolina state 2009 $516,065 tax credit/rebate
Goulds Pumps ITT Industries ITT Inc. New York state 2009 $515,406 enterprise zone
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2007 $507,000 federal grant
TRANE Ingersoll-Rand Arkansas state 2010 $501,112 tax credit/rebate
Timken Company Timken Georgia state 2007 $500,000 grant
Eaton Hydraulics Inc. Eaton Iowa state 2008 $500,000 grant/loan hybrid program
Rosemount, Inc. Emerson Electric Minnesota state 2011 $500,000 grant/loan hybrid program
NSK Precision America, Incorporated NSK Indiana state 2006 $500,000 tax credit/rebate
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2002 $500,000 federal grant
INGERSOLL RAND ENERGY SYS CORP Ingersoll-Rand United States federal 2000 $500,000 federal grant
INGERSOLL RAND ENERGY SYS CORP Ingersoll-Rand United States federal 2003 $500,000 federal grant
EATON CORPORATION Eaton United States federal 2012 $500,000 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2005 $500,000 federal grant
PARKER-HANNIFIN, CORPORATION Parker-Hannifin United States federal 2010 $500,000 federal grant
PRECISION COMBUSTION, INC Precision Combustion Inc. United States federal 2005 $500,000 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2010 $500,000 federal grant
Vilter Manufacturing LLC Emerson Electric Wisconsin state 2013 $500,000 tax credit/rebate
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2015 $500,000 federal grant
Rosemount, Inc. Emerson Electric Minnesota local 2015 $500,000 grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2012 $499,998 federal grant
LUNA INNOVATIONS INCORPORATED Luna Innovations United States federal 2011 $499,995 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2014 $499,994 federal grant
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
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