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Alliance Group has already reimbursed $ 21 million in wage subsidy.
The Alliance Group meat processing cooperative will reimburse $ 34 million it received from the government’s wage subsidy earlier this year.
President Murray Taggart said the group had already reimbursed $ 21 million to the Ministry of Social Development.
“From the beginning, the Alliance has made it clear that we would only use the wage subsidy in the way the government intended, and our previous reimbursements reflect this commitment.”
The Alliance Board believed it was in a position to repay the remaining balance after submitting the company’s accounts last month, it said.
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“We recognize the support and assurance that the Government provided to help us keep many of our people in jobs.”
The Alliance has withheld $ 1.9 million for the Leave Support Plan payment to employees who had to isolate themselves or were unable to work, Taggart said.
Alliance has plants in Lorneville, Dannevirke, Levin, Mataura, Nelson, Pukeuri and Timaru.
Earlier in the week, The Warehouse Group announced that it will also pay the wage subsidy it received.
Sales in the first quarter of the new financial year for Warehouse Group were up 6.3 percent and now stand at 6.6 percent year-to-date compared to the same period last year.
The Warehouse group received $ 67.7 million from the plan for 11,000 employees, but drew criticism when it went on to restructure its operations and cut hundreds of jobs.
