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New General Motors Factory Planned for the U.S.

This article explains that General Motors is investing a load of money into growing its electric vehicle manufacturing capabilities in Michigan. GM had decided to invest the money into four different sites, including “a new battery cell plant in Lansing and the conversion of GM’s assembly plant in Orion for production of the Chevy …

Solar Energy in 2022

This article explains that almost half of the newly added electricity addition will be solar energy additions. The U.S. solar energy industry was dealt “a big blow at the initial stages of the pandemic due to a decline in installation trend, is once again on a solid growth trajectory.” As of 2020, the cost …

Plans for Two Major Changes to R&D Credits

This article dissects the new legislation from the IRS that requires more documentation for those filing research and development tax credits. The IRS gave a three-month warning, and these changes are expected to be forced on January 10. In addition to more substantive documentation, there is also a chance that taxpayers “will no longer …

Trends That Are Shaping 2022

This article discusses how operating in the agricultural industry can be rigorous and challenging. However, by taking advantage of emerging trends such as blockchain technology in order to have a transparent view of your supply chain, regenerative agriculture, electronic vehicles for your farm, and harvesting plant-based proteins, you will be set up for success …

Best Project Management Practices for Research & Development

This article explains how research and development teams sometimes find difficulties when working together. Some difficulties may include using various work styles, different time zones, and different experience levels. Hybrid manufacturing teams need to move fast now more than ever, so delays in communication through “phone tag, unread emails or missed messages significantly halt …

AgriTech Trends to Watch in 2022

This article discusses how the Agritech industry not only made it through the pandemic but saw skyrocketing numbers and investments throughout the past two years. As the world continues to become highly digitalized, the agricultural industry is no exception. For example, Internet of things devices, next-generation Internet connections, and autonomous agricultural machinery are technological …

Project Management Practices in Hybrid R&D Teams

This article explains how research and development teams sometimes find difficulties when working together. Some difficulties may include using various work styles, different time zones, and different experience levels. Hybrid manufacturing teams need to move fast now more than ever, so delays in communication through “phone tag, unread emails or missed messages significantly halt …

Changes Coming to the R&D Tax Credit Next Year

This article discusses a potential change that could be occurring for taxpayers that receive the research and development tax credits. Currently, immediate expensing is allowed for taxpayers who are granted R&D credits. However, the Tax Cuts and Jobs Act is set to eliminate immediate expensing starting in 2022. This Act operates under an amortization …

Agriculture Trends to Watch in 2022

This article discusses how farmers are looking at 2022 as a recovery year and are expecting new technology and taking advantage of climate conditions to be a vital piece in that process. For example, increased use in aerial imaging, efficient water management, indoor vertical farming, and data integration are all trends to be educated …