Search results
Results from the WOW.Com Content Network
A private prison, or for-profit prison, is a place where people are imprisoned by a third party that is contracted by a government agency.Private prison companies typically enter into contractual agreements with governments that commit prisoners and then pay a per diem or monthly rate, either for each prisoner in the facility, or for each place available, whether occupied or not.
As of 2016, the company is the second largest private corrections company in the United States. [3] CoreCivic manages more than 65 state and federal correctional and detention facilities with a capacity of more than 90,000 beds in 19 states and the District of Columbia. [4] The company's revenue in 2012 exceeded $1.7 billion. [5]
The state asked for bids from private companies, anticipating a major buildout of juvenile prisons. In 1995, Slattery won two contracts to operate facilities in Florida. The two new prisons were originally intended to house boys between 14 and 19 who had been criminally convicted as adults.
The company had an average facility occupancy rate of 95.7% for 2012. [24] Other GEO Group facilities include the Reeves County Detention Complex, a three-part complex in Texas described as the largest private prison in the world. It houses more than 3700 inmates, mostly immigrants held for low-level crimes before being deported after serving ...
President-elect Donald Trump’s pledge to crack down hard on mass migration promises to mean big business for private prisons. Companies like CoreCivic and Geo Group may be known for profiting ...
The Trump administration could be a boon for business for private prison companies in the U.S. if the president-elect delivers on his promise to crack down on illegal immigration.
In the nine years since, the company has won an additional eight contracts in Florida, bringing 4,100 more youths through its facilities, according to state records. All the while, complaints of abuse and neglect have remained constant. Florida leads the nation in placing state prisons in the hands of private, profit-making companies.
CoreCivic and the GEO Group, two of the largest U.S. private prison companies, could lose as much as a quarter of their revenue, about $1 billion a year between them, under new limits on the ...