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Three weeks after laying off 141 employees amid inventory backlogs and market pressures, the Seprod Group has recalled all affected workers and resumed full production at its juice and dairy facility.
Chief Executive Officer Richard Pandohie had attributed the layoffs to rising costs for sugar-based juices following the introduction of a new government sugar tax, declining sales amid a sluggish economy, and a significant build-up of inventory and raw materials that had exhausted storage capacity and forced the company to scale down production.
He also cited weaker demand from the local hotel industry following Hurricane Melissa in October last year, along with a slow retail recovery in some of the hardest-hit areas, including Hanover.
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