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Detention, Enforcement »

[14 Oct 2008 | No Comment | ]
CCA eyes federal bed demand, according to CCA Second Quarter 2008 Investor Presentation

Facing constraints on new prison construction from states, CCA eyes the federal bed industry. According to CCA’s second quarter 2008 investor presentation (released Sept. 08), CCA believes that the “demand for bed capacity from the three federal agencies will continue over the next several years:
There continues to be significant focus on immigration and securing our nation’s border.

System-wide, the BOP is operating at 37% (1) over its rated capacity.  The BOP currently projects that between FY 2008 and FY 2011 their population will grow by nearly 15,000 inmates.  The BOP …

Featured »

[26 Aug 2008 | No Comment | ]
PROFITS

The math is simple. More demand for immigrant detention beds, plus more government funding, equals more business for Corrections Corporation of America. Every year since 2003, the company has made record profits.