Research and Development Tax Incentives for the Plastic Injection Molding Industry


Plastic Injection Molding

Research and Development Tax Incentives for the Plastic Injection Molding Industry

Plastic injection molding companies may not realize that their activities related to the design and development of many types of systems may constitute qualified R&D activities, potentially entitling them to significant R&D incentives. If you think you have to be a manufacturer or software developer to be conducting qualified activities as defined by the Internal Revenue Code, think again.

If your firm is in the plastic injection industry, there is a strong chance that you could benefit from an R&D tax credit study. Let alliantgroup’s contracting experts help you claim the credits that your business deserves!

Examples of activities and innovations eligible for R&D tax incentives include the following:

  • Designing, prototyping, fabricating and/or testing mold and tooling
  • Engineering and process development
  • Applying material application study
  • Conducting emperature study
  • Studying injection time analysis
  • Performing a gate seal study
  • Conducting a cavity balance assessment
  • Performing a rack and hold pressure study
  • Conducting first article test runs by engineers, tool makers, production supervisors, and operators
  • Ensuring quality assurance, including inspecting testing of the parts produced including dimension checks, visual inspections, non-destructive testing, leak testing, and other part specific tests

alliantgroup’s Plastics Industry Specialization Team

In order to better serve plastic injection companies, alliantgroup has developed an Industry Specialization Program that focuses on the qualification and quantification of R&D tax benefits for companies operating in the plastics industry, in which we include plastic injection molding. alliantgroup’s Plastics Specialization Team employs several individuals who have educational backgrounds and practical experience within the disciplines of plastics. alliantgroup has qualified and quantified credits for firms ranging from small, startup firms to large, multi-national corporations.