by Mark Haynie, Novatec Central drying systems typically, but not always, are an integral part of a central conveying system. Central drying adds a new level of energy efficiency for processors because dryers can be moved off the production floor, and a single dryer is more efficient to operate than multiple dryers taking up space on the production floor. When a processor … [Read more...] about Advantages of a Central Resin Drying System
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Benefits of a Central Resin Conveying System
by Jim Zinski, Novatec Increasing profits, satisfying customer demand and improving utilization of production floor space are all strong reasons to consider a new central resin conveying system. But what does that really mean? In basic terms, we're talking about automating the resin handling process. This includes getting the buckets, ladders, pallets, bags, manpower and … [Read more...] about Benefits of a Central Resin Conveying System
US Treasury Expands Definition of Research Expenditures
by Michael J. Devereux II, Mueller Prost On Sept. 5, 2013, the US Treasury proposed five changes to regulations defining research expenditures under Internal Revenue Code §174. As an added bonus, Treasury indicated that taxpayers may rely upon these proposed regulations for all tax years. On July 18, 2014, these regulations were finalized with minimal changes. The first … [Read more...] about US Treasury Expands Definition of Research Expenditures
Put RJG’s Technology Day on Your Calendar
Put RJGs Technology Day on Your Calendar by Dianna Brodine Plastics Business RJG will be hosting its Technology Day in Strongsville, OH, on Sept. 29 and in Elk Grove Village, IL, on Oct. 28. I had the opportunity to attend one of these sessions last fall in Kansas City, and Ill attest to the fact that this isnt a typical sales presentation. Partnering with … [Read more...] about Put RJG’s Technology Day on Your Calendar
US Treasury Simplifies Claiming the R&D Tax Credit for Plastics Manufacturers
by Michael J. Devereux II, Mueller Prost On June 3, 2014, the US Treasury proposed regulations indicating that the IRS will now begin allowing taxpayers to claim the Alternative Simplified Credit (ASC) on amended tax returns if the taxpayer had not claimed the research credit on its original tax return. For taxpayers not claiming the credit in prior years, this development can … [Read more...] about US Treasury Simplifies Claiming the R&D Tax Credit for Plastics Manufacturers