Horizontal Expansion

Horizontal Expansion

Growth of a company in which it purchases new facilities, tools and/or other assets to increase the volume of the product it makes. That is, horizontal expansion allows a company to make more of a product, but does not diversify its product line or the company's place in the supply chain.
References in periodicals archive ?
This prompted us to think about horizontal expansion where we borrowed a few innovative ideas from various capital market players across the globe.
The public concourse placed at the front of the hospital and support services circulation at the center serve as permanent elements that set the stage for phased horizontal expansion.
It should also be noted that the terrible situation of women in the Egyptian labour market does not only cause losses that can be measured in direct monetary terms but also leads to depriving Egypt's economy of a potential for versatility and horizontal expansion.
Pakistan's cities have witnessed horizontal expansion, with the consequence that Pakistan
all vertical and horizontal expansion joints within the project scope will be removed and replaced.
He said, during the opening sitting of the training session, that the shortage of food was the biggest challenge facing the world and could only be addressed by increasing production and vertical and horizontal expansion in agriculture, announcing the support and adoption of the Ministries of Agriculture and Irrigation in the states of Darfur to all the recommendations of the training session.
He said that the horizontal expansion would not be achieved at the cost of quality.
More horizontal expansion was achieved in 2011 with the commissioning of lubricating oil plant (400,000 tons a year) to produce more advanced base lube oil stocks of very high viscosity index, a first in the region.
The company said this project will be managed by Skanska's Texas operations and consists of 12,000 square metres of major renovation to the hospital's existing surgery department including 28 operating rooms and support spaces, as well as about 1,400 square metres of horizontal expansion including seven new operating rooms.
CVS and Walgreens have assembled powerful assets that extend the continuum of health care, bringing unprecedented efficiency and economies of scale to their operations through vertical and horizontal expansion.
We will also speed up the pace of the vertical and horizontal expansion of our businesses through mergers and acquisitions as well as setting up joint ventures, in order to create synergies with our internet financing business.