South Carolina Patent of the Month – December 2023

Shakespeare Company, material science experts, have made a name for themselves by building the solutions that some of the world’s most reliable products depend on. In a recent bid for innovation, the company has patented their clear polyamide resin formula. Commercially-available polyamide resins are rarely clear and certainly not to the degree achieved by Shakespeare Company.

The formula utilizes hexamethylenediamine (HMDA), diamines, and organic diacids to achieve a materially sound resin. This provides a never-before achieved quality for resins that can be used in a variety of products, like headphones.

Currently, Shakespear Company’s solutions are used in a range of industries including military electronics, marine electronics, polymer and filaments, and lawn and garden products. Since originally manufacturing polyamides in the 1960s, the company’s strategy evolved to develop a polymer business platform serving the needs of both internal and external polymer demands. Now, more than fifty years later, Shakespeare Company has the expertise and R&D capabilities essential to problem-solving clients’ needs across markets, manufacturing those solutions, and delivering best-in-class service.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at or contact your usual Swanson Reed representative.

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