Troy R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Troy, Michigan Businesses

Troy, Michigan, thrives in industries such as healthcare, education, technology, and retail. Top companies in the city include Beaumont Health, a major healthcare provider; Walsh College, a key educational institution; Kelly Services, a prominent technology company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. The R&D Tax Credit can benefit these industries by lowering tax burdens, fostering innovation, and improving business performance. By leveraging the R&D Tax Credit, companies can reinvest savings into cutting-edge research boosting Troy’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 847 Sumpter Road, Belleville, Michigan is less than 50 miles away from Troy and provides R&D tax credit consulting and advisory services to Troy and the surrounding areas such as: Detroit, Warren, Sterling Heights, Ann Arbor and Dearborn.

If you have any questions or need further assistance, please call or email our local Michigan Partner on (734) 328-2324.
Feel free to book a quick teleconference with one of our Michigan 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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Troy, Michigan Patent of the Year – 2024/2025

Prime Energy Contract Services LLC has been awarded the 2024/2025 Patent of the Year for innovation in electric vehicle battery systems. Their invention, detailed in U.S. Patent No. 11942590, titled ‘Battery module including nodal cell compression and heat rejection’, introduces a smarter way to manage heat and pressure in battery packs.

This patent outlines a modular battery system that improves thermal control and compression at the cell level. The design uses nodal compression structures to evenly apply pressure across individual cells, maintaining better contact and performance. It also features integrated cooling channels that remove heat more efficiently from critical areas.

The result is a battery module that performs more reliably under high loads and demanding environments. This innovation addresses key challenges in electric vehicles and energy storage, where overheating and uneven compression can lead to failure or reduced lifespan.

Unlike traditional designs that rely on rigid frames or bulky cooling setups, this system allows for more compact and scalable battery packs. It also reduces weight while enhancing safety and thermal management. Manufacturers can adapt it to different applications without major design overhauls.

With this breakthrough, Prime Energy Contract Services LLC advances the future of clean energy tech by delivering a more efficient, durable, and adaptable battery system. Their approach offers real-world benefits for electric mobility and beyond.