Horizontal Expansion

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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.
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References in periodicals archive ?
Additionally, the governing body had also stated the new design would allow horizontal expansions to smoothly take place in the future.
We are studying plans for vertical and horizontal expansions," he added.