Definition, Meaning & Synonyms
branch-plant
Noun
/bræntʃ plænt/
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Definition
A branch-plant is a facility or office of a company that is located away from its main headquarters, operating semi-independently in a different geographical area.
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Examples
- The automobile company opened a new branch-plant in the Midwest to better reach its customers.
- Many large corporations have branch-plants to take advantage of local resources and workforce.
- She works at the branch-plant of a multinational corporation.
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Meaning
It refers to a subsidiary or division of a larger organization that engages in business functions such as manufacturing or sales at a location separate from the main office.
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Synonyms
- subsidiary
- offshoot
- division