R&D Tax Credit -IRS Section 41 – A Lifeline for Metalworking Manufacturers
Rising costs and market uncertainty have pressured the U.S. metalworking industry. Tariffs on imported materials have driven up input prices and dampened manufacturing activity, contributing to a recent contraction in the sector (reuters.com). Combined with softer demand and tighter financing, these challenges create an economic downturn for metal fabricators, machine shops, and other metalworking businesses. In such times, innovation becomes […]