Thanks to last year’s landmark tax legislation—which secured a more competitive tax code for manufacturers and delivered on every pro-growth tax provision the NAM championed—flexible plastic films maker i2M has seen a year of incredible success, with much more to come.
What’s going on: H.R. 1 has “created an extraordinarily favorable environment for U.S. manufacturers,” Alex Grover, CEO of the Mountaintop, Pennsylvania-based manufacturer told the NAM in a recent interview.
Immediate R&D expensing: One of the main ways in which the legislation has helped the 210-employee firm was its restoration of immediate R&D expensing.
Three in one: i2M’s experience demonstrates how the tax law enhances the manufacturing investment pipeline—from initial R&D through the purchase of new equipment for new product lines.
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