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How Heavy Equipment Manufacturers Are Turning Innovation Into Funding

Uncover funding opportunities through advanced engineering and remanufacturing activities with Ayming Canada’s support.

Canadian Government Funding and SR&ED Tax Credits > Insights > Expert Opinion > How Heavy Equipment Manufacturers Are Turning Innovation Into Funding
Expert Opinion
June 26, 2025

Manufacturers in the Heavy Equipment Industry

Across Canada, manufacturers in the heavy equipment industry are redefining what’s possible, restoring massive machinery, designing smarter components, and making operations more efficient from end to end. Whether it’s remanufacturing dump truck parts or re-engineering hydraulic systems, these technical efforts are fueling real innovation on the shop floor.

But here’s what many companies don’t realize: much of this work may qualify for Canada’s Scientific Research and Experimental Development (SR&ED) tax credit program.

SR&ED is one of the most generous government funding programs available to Canadian businesses, and it was designed for exactly the kind of problem-solving and process innovation this industry is known for.

Here are just a few examples of SR&ED-eligible activities in heavy equipment and industrial remanufacturing:

Advanced Remanufacturing Processes

From worn engine blocks to massive hydraulic components, manufacturers are creating new ways to restore high-performance machinery.

SR&ED Activities:

  • Developing novel cleaning techniques to refurbish large parts like hydraulic cylinders and engine blocks.

  • Designing innovative welding procedures to restore structural integrity to high-stress areas on dump truck frames.

Material and Component Testing

Heavy equipment operates in some of the harshest conditions, and that requires constant testing and improvement.

  • Conducting wear-resistance studies on new materials and protective coatings for truck beds and excavator buckets.

  • Performing failure analysis to improve part design and material selection based on real-world wear and tear.

Process Optimization

Efficiency and quality are everything. That’s why many manufacturers are rethinking how remanufacturing is done, from inspection to delivery.

  • Automating inspection processes to ensure precise, repeatable quality checks on remanufactured parts.

  • Implementing lean manufacturing techniques to reduce waste and streamline remanufacturing workflows.

Design and Prototyping

In many cases, off-the-shelf tools or designs just won’t cut it—custom solutions are essential.

  • Designing custom tools and fixtures to enable accurate remanufacturing of complex parts.

  • Creating and testing prototypes of redesigned components before scaling up to full production.

Environmental and Sustainability Initiatives

Sustainability isn’t just good PR—it’s a competitive advantage. And today’s manufacturers are developing solutions that reduce both cost and environmental impact.

  • Developing eco-friendly cleaning processes using biodegradable agents and recycling systems.

  • Launching energy efficiency projects that reduce power consumption during remanufacturing operations.

Maximize Your Innovation ROI with SR&ED

If your business is engaging in similar engineering, testing, or process improvements, you may already be eligible for SR&ED tax credits, without even realizing it.

At Ayming Canada, we specialize in helping manufacturers identify and document SR&ED activities so they can reclaim a portion of their R&D investment. Our team of engineers and technical writers make the process straightforward, audit-ready, and optimized for maximum return.

Let’s Talk About What You’re Already Doing

Many companies are surprised to find they’re already doing SR&ED-eligible work. Let’s explore what your team is working on and how to turn that into funding for future innovation.

Contact us today!

One of our experts will be in touch shortly.

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