Colson Caster bond defeasance and facility purchase
Jonesboro
Summary
Colson Caster, the caster manufacturer the city helped attract with incentives, is exercising its option to buy its facility — about 70 jobs and a second shift so far. The escrow agreement lets the company restructure its real estate with no change to operations or city liability.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 26, 2026.
Impact analysis
No new city liability; the bonds will be retired through the company's purchase of the property.
Colson Caster and its roughly 70 employees, whose jobs continue uninterrupted.
Mentions & discussions (1)
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