Springdale R&D Tax Credit Benefits Explained

R&D Tax Credits for Springdale, Arkansas Businesses

Springdale, Arkansas, thrives in industries such as food production, healthcare, retail, and logistics. Top companies in the city include Tyson Foods, a leading food production company; Northwest Health, a major healthcare provider; Walmart, a global retail giant; J.B. Hunt Transport Services, a prominent logistics company; and George’s Inc., a key poultry processing company. The R&D Tax Credit can benefit these industries by reducing tax liabilities, fostering innovation, and improving business performance. By leveraging the R&D Tax Credit, companies can reinvest savings into advanced research boosting Springdale’s economic growth.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 6834 Cantrell Road, Little Rock, Arkansas is less than 200 miles away from Springdale and provides R&D tax credit consulting and advisory services to Springdale and the surrounding areas such as: Fayetteville, Fort Smith, Springdale, Rogers and Bentonville.

If you have any questions or need further assistance, please call or email our local Arkansas Partner on (501) 588-0500.
Feel free to book a quick teleconference with one of our Arkansas R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.

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Springdale, Arkansas Patent of the Year – 2024/2025

BNSF Logistics LLC has been awarded the 2024/2025 Patent of the Year for advancing wind turbine transport safety and efficiency. Their invention, detailed in U.S. Patent No. 11939954, titled ‘Transit bracket assembly for wind turbine tower section’, introduces a modular bracket assembly that securely anchors wind turbine tower sections during transit, streamlining logistics in renewable energy infrastructure.

The patented system features a lower support bracket with vertical plates containing circular apertures aligned with the tower’s flange bolt holes. Rotatable attachment yokes fit into these apertures, allowing precise alignment and insertion of retention bolts. This design accommodates various tower sizes and reduces bolt torque requirements, enhancing both safety and efficiency during transport.

By enabling secure, adaptable, and efficient transportation of wind turbine components, BNSF Logistics, LLC’s innovation addresses critical challenges in the renewable energy sector. The bracket assembly’s modularity and ease of use not only improve logistical operations but also contribute to the broader adoption of sustainable energy solutions.