Industrial equipment companies had a relatively good 2024 when compared to other industry categories in the 2025 IndustryWeek U.S. 500.
Here are some key highlights from the industrial equipment sector:
- Honeywell capped off the sector, ranking no. 38 on this year’s list.
- After a 2023 net income loss of $6.995 billion, 3M reported a $4.173 billion profit last year.
- Three of the companies made this year’s list after not making the cut the previous year: Albany International Corp (No. 481), Tennant Co. (No. 476) and JBT Marel Corp. (No. 433).
- The biggest movers all improved their rank from the previous year: Chart Industries Inc. moved 54 spots, RBC Bearings Inc. moved 53 spots and Watts Water Technologies Inc. moved 47 spots.
Other Sector Performances
General Motors Co.
June 23, 2025
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IndustryWeek photo essay with images from Johnson & Johnson, Emerson Electric, Bristol Myers Squibb, Boeing and Intel
IndustryWeek Photo Essay with Image Courtesy of Allison Transmission
procter gamble
July 15, 2025
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Scanrail | Dreamstime
Aug. 4, 2025
About the Author
Anna Smith
News Editor
News Editor
LinkedIn: https://www.linkedin.com/in/anna-m-smith/
Bio: Anna Smith joined IndustryWeek in 2021. She handles IW’s daily newsletters and breaking news of interest to the manufacturing industry. Anna was previously an editorial assistant at New Equipment Digest, Material Handling & Logistics and other publications.
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