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Research & Development Tax Credit
Plastic Manufacturers
Example Of Qualified Activities
Developing new plastic products or components with specific strength, flexibility, or durability requirements.
Experimenting with resins, fillers, colorants, additives, or recycled materials.
Improving injection molding, extrusion, blow molding, or thermoforming processes.
Reducing cycle times, warpage, sink marks, or scrap through process refinement.
Designing, modifying, or testing molds, tooling, and cooling systems.
Eligible Expenses
Wages for engineers, plant/production managers, machinists, quality assurance, and production staff.
Prototype parts, trial runs, and material costs.
Tooling development and testing expenses.
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