This Tax Point Advisors client offers a wide range of automaton technology for the plastics industry. They are one of the world’s foremost suppliers of robots for the injection molding industry.
Customers include custom and captive molders, ranging from small independent to major multinational corporations, and spanning the range of injection-molding markets and products, from consumer non-durables to critical industrial components.
Specific Qualifying Activity:
In designing and engineering robotics for plastic injection molding companies, this company creates entire robotic systems and end-of-arm tooling, designs the software that controls the robotics, and engineers the optimal automation, including plant layout and design. They also provide engineering services for mold and part design for plastic injection molding clients.
Ultimate Benefit to Company:
Tax Point Advisors estimated a high-six-figure credit range for this company during the assessment phase, and was able to find 8% more credits than even the high end of their original estimate.