Manufacturer Awarded $12M Credit Toward Expansion Project

  • Manufacturing
  • 5/20/2024

Learn how CLA helped a manufacturer cash in on new tax credits to help fund 30% of a $41 million expansion initiative.

The Inflation Reduction Act offers significant tax credit opportunities, including for many manufacturers.

But the application process can be a little tricky. In addition to a detailed application, the tax credits require a concept paper.

A CLA manufacturing client was looking to cash in on the credits to help fund 30% of a $41 million expansion initiative. Read our new case study to learn how CLA helped them capture $12.3 million in credits to apply toward the project. 

This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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