Reading R&D Tax Credit Explained for Businesses

R&D Tax Credits for Reading, Pennsylvania Businesses

Reading, Pennsylvania, is known for industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include Reading Hospital, a leading healthcare provider; Albright College, a major educational institution; Carpenter Technology, a significant manufacturing employer; the Berkshire Mall, a key player in the retail sector; and EnerSys, a prominent technology company. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

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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 2001 Market Street, Philadelphia, Pennsylvania is less than 65 miles away from Reading and provides R&D tax credit consulting and advisory services to Reading and the surrounding areas such as: Philadelphia, Allentown, Bethlehem, Harrisburg and York.

If you have any questions or need further assistance, please call or email our local Pennsylvania Partner on (267) 899-0130.
Feel free to book a quick teleconference with one of our Pennsylvania 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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Reading, Pennsylvania Patent of the Year – 2024/2025

TAB Industries LLC has been awarded the 2024/2025 Patent of the Year for its innovative advancement in pallet wrapping technology. Their invention, detailed in U.S. Patent No. 11975872, titled ‘Stretch film dispenser for orbital pallet wrappers’, introduces a cutting-edge system that enhances the efficiency and reliability of securing palletized loads.

This patented technology features a circular ring assembly equipped with a stretch film dispenser and a cutting mechanism. As the ring rotates around the stationary pallet, the dispenser applies stretch film uniformly, while the integrated cutter ensures precise film termination. This design allows for consistent tension and coverage, resulting in securely wrapped loads that are better protected during transit and storage.

By automating the wrapping process, TAB Industries’ invention reduces the need for manual labor and minimizes material waste. The system’s ability to maintain consistent film tension and coverage not only improves load stability but also enhances overall packaging efficiency. This advancement addresses common challenges in the logistics and shipping industries, offering a more reliable and cost-effective solution for pallet wrapping.

With this innovation, TAB Industries LLC continues to demonstrate its commitment to improving industrial packaging solutions. The patented stretch film dispenser sets a new standard in the field, providing businesses with a tool that combines speed, precision, and reliability to meet the demands of modern supply chains.