The company said the consignment had not gone into production.

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The company offers three transaction models: consignment, profit-sharing, and purchase.

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The Newry firm, Freeza Meat said it was storing the consignment at the request of a company in the Republic of Ireland and added that none of the meat had got into the food chain.

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The company blamed the economic downturn along with the scrapping of Low Value Consignment Relief in April 2012.

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