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.
 

ICE May House Undocumented Immigrants in Private Prisons


(10/26/2016)
Private detention facilities in Ohio, New Mexico and Texas may soon be used to house undocumented immigrants, despite an announcement by the Washington-based U.S. Justice Department in August to phase out its use of private prisons. The U.S. Immigration and Customs Enforcement agency (ICE) is currently seeking to house approximately 5,000 additional undocumented individuals, as the movement of immigrants across the U.S.-Mexico border is expected to increase in the coming weeks and months.
 

Justice Department to End Use of Private Prisons

By Jessie Fetterling
(08/23/2016)
Deputy Attorney General Sally Q. Yates instructed in a memo last week for Federal Bureau of Prisons (BOP) officials to either decline to renew the contracts for private prison operators when they expire or substantially reduce the contracts scope, according to The Washington Post. The ultimate goal is to end the use of privately operated prisons, she wrote.
 

CCA to Finance, Build Tennessee Prison


(07/09/2014)
The Corrections Corporation of America (CCA), the nation’s largest owner of partnership correctional and detention facilities, has agreed to finance, design, build and operate a 2,552-bed correctional facility in Trousdale County, Tenn.

Kentucky Ends CCA Contract

By Audrey Arthur
(07/17/2013)
The Kentucky Department of Corrections (KDOC) has announced it will not renew its contract with the Nashville, Tenn.-based Corrections Corporation of America (CCA) and its management of the Marion Adjustment Center (MAC). The closure will end the corrections department’s affiliation with CCA.
 

Unique Private Prison Deal Leads to Backlash


(03/06/2013)
A private prison in Ohio has been making headlines in all the wrong ways since the state sold the facility in 2011.

Judges OK Prison Operator Suit


(05/03/2011)
NASHVILLE, Tenn. — The 6th Circuit Court of Appeals has ruled that a Nashville woman can sue private prison operator Corrections Corporation of America for allegedly leaving her mentally ill grandson in solitary confinement for months without bathing him or cleaning his cell.

Texas May Privatize All State Jails


(04/05/2011)
AUSTIN, Texas — House lawmakers are considering a plan to privatize all state prisons housing low-level felony offenders, a move they say could save the state up to $40 million.

Fla. May Privatize Prisons


(04/01/2011)
TALLAHASEE, Fla. — The Florida Senate has inserted language into its newly proposed budget that seeks to give corporations the chance to run correctional facilities and probation services in 18 counties in what some say could initiate a massive private takeover of public prisons.

The Case for Private Prisons

By T.C. Robillard, Jr.
(12/30/2009)
Over the next decade, the private sector’s share of inmates within the U.S. could increase to 11 percent from its current level of 8 percent. This equates to roughly 5 percent to 7 percent annual inmate growth over that time.