This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Universal Display Corporation CTO Dr. Julie Brown Demonstrates To U.S. Representative Rush Holt How OLED Technology Could Enable Innovative Applications, Such As Flexible Displays And Lighting. (Photo: Business Wire)

Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today hosted U.S. Representative Rush Holt (D-NJ) of New Jersey’s 12th Congressional District. Holt visited Universal Display to take an in-depth look at the state of innovation in New Jersey, to view the impact economic incentives can have on science and technology companies, and to discuss the importance of science and technology companies in today and tomorrow’s economy.
Universal Display Corporation CTO Dr. Julie Brown demonstrates to U.S. Representative Rush Holt how  ...

Universal Display Corporation CTO Dr. Julie Brown demonstrates to U.S. Representative Rush Holt how OLED technology could enable innovative applications, such as flexible displays and lighting. (Photo: Business Wire)

Holt spoke to Universal Display employees to recognize the Company for its continued innovation and success, and he highlighted the benefit of tax credits for research and development (R&D) companies. The congressman supports economic incentives for R&D companies to drive growth and economic vitality, including job creation.

“For more than 30 years, the R&D tax credit has helped drive our economy forward – returning two dollars in private research investment for every federal dollar spent,” said Holt. “But Congress let the tax credit expire last year, putting in jeopardy future job-creating research at companies like Universal Display. It’s time to renew the tax credit and make it permanent. The R&D tax credit creates jobs now and lays the groundwork for future economic growth.”

Holt recently proposed legislation to renew and amend R&D tax credits, such the Permanent R&D Tax Credit Act and the Creating Jobs from Innovative Small Businesses Act of 2013. Throughout his career in the U.S. House of Representatives, Holt has worked closely with local business, labor, academic, and community leaders to realize continued growth and job creation in the region. Holt toured the newly expanded Universal Display facility to take an in-depth look at how economic incentives have helped one New Jersey company grow from a small R&D company into an influential global technology player in a fast-growing market.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs