Green-field development

[Sudha]

If a company doesn't want to purchase another company's problems along with its assets it may choose greenfield development-building its own manufacturing plant and distribution system.

[sara Hussain]

Thanks for the defnition. ca you quote any example.

[Sudha]

Ya sure,Japan's bridgestone acquired Firestone in the united state.Nissan,Honda,Toyota built auto factories in rural Britain and then hired workforce with no experience in the industry.