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When it comes to the Credit for Increasing Research Activities (I.R.C. §41, “the R&D credit”), a common misconception is that a company won’t qualify for the R&D credit if it doesn’t have a laboratory, a dedicated R&D division or an engineer on staff.
PPG Industries has received a $1.5 million award from the federal government’s Strategic Environmental Research and Development Program (SERDP) to develop a chemical-agent-resistant coating (CARC) in powder form for use on military vehicles and support equipment.
Xenon Corp. recently announced the formation of the Printed Electronics Test Center Network, a consortium of manufacturers, integrators and universities.
3M recently announced its 3M Scotch-Weld™ instant adhesive helped set a Guinness World Record, lifting an 8.1 metric ton (17,857 lbs, 2,990 PSI) forklift in the air for one hour.
