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CoreCivic to activate a detention center in Texas as federal detentions increase

By MATT BLOIS The private prison operator CoreCivic, which plans to relocate its headquarters to Brentwood this year, will reopen a detention center in Texas later this year. The U.S. Marshals Service and Immigration and Customs Enforcement expect to use the entire 1,400 bed facility. CoreCivic idled the Eden Detention Center in Eden, Texas about

By | 2019-05-23T21:16:09+00:00 May 24th, 2019|Categories: Business, BW-News|Tags: |Comments Off on CoreCivic to activate a detention center in Texas as federal detentions increase

Private prison operator CoreCivic increases earnings forecast

By MATT BLOIS The private prison operator CoreCivic, which will move its headquarters to Brentwood later this year, reported strong financial results during the first quarter of 2019. Net income was up more than 30% compared to the first quarter of 2018, and the company is increasing its earnings forecast for the year. Later this

By | 2019-05-15T16:22:07+00:00 May 15th, 2019|Categories: Business, BW-News|Tags: |Comments Off on Private prison operator CoreCivic increases earnings forecast

Prison management company CoreCivic working to diversify after income falls in 2018

CoreCivic plans to move into a new office on Virginia Way in Brentwood in 2019. / Photo Mark Cook By MATT BLOIS The prison management company CoreCivic, which plans to move its headquarters to Brentwood this year, is working to diversify its operations after a dip in net income in 2018. CoreCivic is a for-profit

By | 2019-02-20T23:42:36+00:00 February 21st, 2019|Categories: Business, BW-News|Tags: |Comments Off on Prison management company CoreCivic working to diversify after income falls in 2018