Companies in the metallurgy and steel industries perform activities that fit the traditional aspects of research and development. The majority of activities undertaken within these industries qualifying for the Grants and Tax Credits.
Through continued production processes and cost optimization within these industries, companies continue to be at the forefront of improving the quality of products and processes within the competitive environment.
Examples of areas where qualifying R&D activities could exist
- Designing, modelling, simulating and analyzing new/improved products and/or processes.
- Creating new/improved metal-forming processes.
- Developing software applications for internal or external use.
- Testing and/or development of new/improved composite materials.