R&D Tax Credit for Precast Concrete Case Study
Highlights in the Case Study
Annual Revenue: $5 – $10 Million
Employees: 50 – 75
Companies involved in the Precast Concrete Industry engage in research and development to devise advanced concrete products and fabrication processes that would enable faster and lower-cost construction of infrastructure and commercial properties. Companies in this industry expend significant effort in devising transportable concrete components and systems that can be produced at the factory site and transported easily to the job site, reducing excavation work and eliminating the need for concrete forms at the construction site.