Local Company Lays Off Workers

APRIL 28, 2005 - Posted at 11:00 p.m. CDT

JONESBORO, AR - A Jonesboro company handed out another round of layoffs on Thursday. The Colson Caster Corporation laid off 18 hourly employees. A company representative told K8 news that five or six salaried employees will be let go on Friday. This is the second time in three months that Colson has had layoffs. In January, 21 employees were laid off. The company cites the economy and foreign competition as the reasons for the job cuts.