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[2] 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]
Under Hininger's leadership, the Corrections Corporation of America rebranded as "CoreCivic" and was sued—along with Hininger personally—by shareholders for inflating its stock price by misrepresenting the quality and value of its services following the federal Bureau of Prisons' decision to phase out CoreCivic's contracts due to outsized ...
This page was last edited on 14 December 2018, at 03:28 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
This page was last edited on 14 December 2018, at 03:27 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In 1983, he was a co-founder of CoreCivic, formerly Corrections Corporation of America (CCA), a private prison management company. He was its president and chief executive officer from 1983 to 1987, and its chairman from 1987 to 1994.
The facility was owned and operated by CoreCivic formerly named Corrections Corporation of America under contract with the United States Marshals Service. [ 1 ] When originally constructed as a 460-bed private prison, it was the first correctional facility under direct contract with a U.S. federal agency. [ 2 ]
The Saguaro Correctional Center (SCC) is a private prison for male inmates, owned and operated by CoreCivic located in Eloy, Pinal County, Arizona. [1]The prison contracts with the Hawaii Department of Corrections and Rehabilitation as well as the Idaho Department of Corrections. [2]
California City Correctional Facility (CAC) is a secure facility owned by CoreCivic. It was formerly staffed and operated by the California Department of Corrections and Rehabilitation as a men's level II (low-medium) security prison. The facility was built on speculation, without any customer contract to fill it. Construction was completed in ...