Announcement of Business Expansion-
Contact [Contact details]
Dateline – Date & Place of News Origin
[Company name] is planning expansion in order to have room for further growth and demanding need of [State need(s) here].
[Title & person name], said in a board meeting that – [describe here the reasons behind expansion].
– [Business details]
For any kind of additional information, you may reach [contact person] at [no. here].