Rho-Can Machine and Tool Company
Rho-Can Machine and Tool Company was established in 1983 and serves the military, automotive, and aerospace industries. It specializes in designing and building special-purpose machines and equipment while providing machine-shop services and manufacturing.
The Scientific Research and Experimental Development (SR&ED) Tax Incentives Program was beneficial to Rho-Can Machine and Tool Company in that it provided financial support to help build their business. When asked about how the SR&ED tax incentives program had helped their research and development projects succeed, Rho-Can shared the following:
I can honestly tell you that the SR&ED Program has helped Rho-Can immensely. It has given us the courage over the years to tackle projects that we would otherwise have considered as being outside of our comfort zone. Those same projects that we tackled a few years ago, have now become mainstay products for Rho-Can.