Horizontal Expansion

(redirected from Horizontal Expansions)

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 ?
In addition the project design allows for future horizontal expansions.
We are studying plans for vertical and horizontal expansions," he added.