Jamestown R&D Tax Credit Explained for Businesses

R&D Tax Credits for Jamestown, New York Businesses

Jamestown, New York, is known for industries such as healthcare, education, manufacturing, retail, and tourism. Top companies in the city include UPMC Chautauqua, a leading healthcare provider; Jamestown Community College, a major educational institution; Cummins, a significant manufacturing employer; the Chautauqua Mall, a key player in the retail sector; and the National Comedy Center, a prominent tourism attraction. By reducing tax liability, businesses can reinvest in R&D, improve efficiency, and develop new products, enhancing their competitiveness and driving economic growth in Jamestown.

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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 350 Northern Blvd, Albany, New York is less than 360 miles away from Jamestown and provides R&D tax credit consulting and advisory services to Jamestown and the surrounding areas such as: Olean, Dunkirk, Fredonia, Lakewood and Batavia.

If you have any questions or need further assistance, please call or email our local New York Partner on (518) 801-0616.
Feel free to book a quick teleconference with one of our New York 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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Jamestown, New York Patent of the Year – 2024/2025

Weber Knapp Company has been awarded the 2024/2025 Patent of the Year for innovation in ergonomic design and mechanical efficiency. Their invention, detailed in U.S. Patent No. 11910954, titled ‘Cover or lid counterbalance assembly’, introduces a safer and smoother way to lift and lower heavy lids and panels.

This newly patented system uses a refined combination of arms, pivot points, and counterweights to assist in lifting covers, lids, or doors. The design allows the user to move heavy or awkward panels with minimal force while maintaining complete control throughout the motion.

The invention has practical applications in kitchens, industrial equipment, toolboxes, and medical or laboratory settings. It helps prevent injuries by reducing strain and minimizing the risk of sudden lid slams or drops. The mechanism can be tuned to accommodate various weights and sizes, making it highly adaptable.

Weber Knapp Company has a long history of engineering balance mechanisms, and this latest development showcases their ongoing commitment to usability and user safety. With this technology, manufacturers can offer products that feel lighter, safer, and more intuitive to operate. It’s a small change that delivers a big impact wherever controlled motion is essential.