Meridian R&D Tax Credit and Economic Growth Opportunities

R&D Tax Credits for Meridian, Mississippi Businesses

Meridian, Mississippi, thrives in industries such as healthcare, education, manufacturing, and retail. Top companies in the city include Anderson Regional Medical Center, a major healthcare provider; Meridian Community College, a key educational institution; Peavey Electronics, a prominent manufacturing company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. By leveraging the R&D Tax Credit, companies can reinvest savings into cutting-edge research, workforce development, and process improvements, boosting Meridian’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 296 Beauvoir Rd, Biloxi, Mississippi is less than 165 miles away from Meridian and provides R&D tax credit consulting and advisory services to Meridian and the surrounding areas such as: Laurel, Philadelphia, Forest, Newton and Quitman.

If you have any questions or need further assistance, please call or email our local Mississippi Partner on (601) 345-4332.
Feel free to book a quick teleconference with one of our Mississippi 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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Meridian, Mississippi Patent of the Year – 2024/2025

Algix LLC has been awarded the 2024/2025 Patent of the Year for innovation in sustainable materials. Their invention, detailed in U.S. Patent No. 11898036, titled ‘Elastomer composite including algae biomass filler’, uses algae-based fillers to create more eco-friendly rubber and plastic products.

This breakthrough helps reduce reliance on petroleum-based materials by blending algae biomass into elastomers. The result is a composite that maintains strength and flexibility while lowering environmental impact.

Algix’s patented technology offers a new path for producing everything from footwear to industrial goods with renewable content. It uses a mix of thermoplastic elastomers and algae-derived particles to balance performance with sustainability.

By using algae as a filler, the invention taps into a fast-growing, renewable resource. It reduces carbon footprint and supports cleaner production cycles in manufacturing. Products made with this composite are lighter and can be more cost-effective without sacrificing durability.

This advancement aligns with growing demand for green materials across consumer and commercial markets. Algix continues to lead with solutions that merge high-performance design with responsible innovation, helping industries move toward a cleaner future.