This is a little bit of good news in the world of private prisons. CoreCivic Inc. is a total disaster for the inmates they “serve”! They are notorious for their abuse and neglect of inmates.
I have omitted most of their self-serving totally false comments from this article. You can read them by opening The Whole Story. It’s bullshit, bullshit, and more bullshit, as all prison reform advocates know all too well.
CCA changed it’s name to CoreCivic, to try to outlive its terrible reputation.
Excerpts from the Article:
CoreCivic, Inc. (NYSE: CXW) (the “Company”) announced today that the Federal Bureau of Prisons (“BOP”) elected not to renew its contract at CoreCivic’s owned and operated 2,232-bed Adams County Correctional Center. For the year ended December 31, 2018, the facility generated approximately $60.9 million in revenue from the BOP.
At this time, the BOP has not determined when it will begin transferring inmates out of the facility, but the current contract expires on July 31, 2019. CoreCivic will begin marketing the facility to other potential government partners as it works with the BOP to develop their transition plan. The Company does not expect this non-renewal to have a material impact on the full year 2019 financial guidance released on February 19, 2019.