Bureau of Prisons Renews CoreCivic Contract at Georgia Prison


(11/16/2016)
Despite an August memo from the U.S. Department of Justice (DOJ) instructing the U.S. Bureau of Prisons (BOP) to begin phasing out contracts with private prison operators, CoreCivic of Nashville, Tenn., formerly the Corrections Corporation of America, announced Nov. 15 that the BOP exercised a two-year renewal option at the 1,978-bed, company-owned McRae Correctional Facility in McRae.
 

Concerns Rise as Contraction Becomes Apparent in the DEC Marketplace

By Joe Pohrer
(11/16/2016)
Questions as to what the current and future market holds have been circling around the detention equipment contractor (DEC) sector for some years.
 

Land for New Prison Complex in Utah Purchased for $12.4 Million


(11/16/2016)
The Utah Division of Facilities Construction and Management (DFCM) announced on Nov. 4 the purchase of a 323-acre site to house the state’s new correctional facility in Salt Lake City.
 

Private-Prison Market Sees Surge in Stock Prices


(11/16/2016)
The private-prison market has seen a major surge in stock prices since Donald Trump won the presidential election last week.
 

Ohio Community Breaks Ground on Jail Construction Project


(11/08/2016)
A new 21st century jail will soon replace its 19th century predecessor in Woodsfield, located in Monroe County.