Alliance operations on move

COLLETTE DEVLIN
Last updated 05:00 05/12/2013
Southland Times photo
NICOLE GOURLEY/Fairfax NZ
Alliance Group chief executive Grant Cuff.

Relevant offers

@devlincolle The Alliance Group is in the process of transferring beef rendering operations to its new $25 million rendering plant at Lorneville.

Alliance Group chief executive Grant Cuff said the company started moving operations from the Mataura beef plant about a week ago.

It was also clearing out the rendering plant at Makarewa, where lamb slinks processing finished about a month ago, he said.

Alliance Group is consolidating its southern rendering operations at the new Lorneville plant to improve productivity.

Mr Cuff expected rendering operations at the Mataura beef plant and Makarewa venison plant to end within the month.

The annual report released this week showed restructuring costs of $2.5m, comprising asset write-downs and costs associated with the closures.

The report also showed $849,000 in redundancy costs.

Mr Cuff said there were jobs at the new plant but some people chose redundancy because of age and other factors.

Last month Alliance Group announced a turnover of $1.4 billion and its balance sheet showed an equity ratio of 61 per cent and an operating cash flow surplus of $89m.

Ad Feedback

- The Southland Times

Comments

Special offers
Opinion poll

Should April Miller be allowed to play in the presidents grade rugby competition?

Yes, if she can keep up with the other players, why not?

No, it's against the rules and it's not safe for her

Vote Result

Related story: Southland woman banned from men's rugby side

Featured Promotions

Sponsored Content

Social Media
The Southland Times on Facebook

Subscribe to a digital replica of The Southland Times.

Digital edition

Subscribe to a digital replica of The Southland Times.

Click here to read our free community newspapers from around the region.

Community newspapers

Click here to read our free community newspapers from around the region online.

Southland Times subscriber news and information.

Subscriber services

Southland Times subscriber news and information.

Click here for information about advertising with The Southland Times.

Advertise

Click here for information about advertising with The Southland Times.