The plastics, as well as injection molding industries, are unusual in their eligibility for the R&D tax credit. In this industry, wage and contract labor expenses, as well as expenditures for raw materials and consumable supplies required in the conduct of research, are all considered qualified costs.
This plastics company is an innovator in the use of industrial plastics in new applications. They offer urethane casting, thermoforming, machining, and plastics injection molding services and constantly evolves to expand it offerings.
