March 7, 2025

Private prisons will ramp up thanks to immigration plans

NY Times -  Damon Hininger, the chief executive of CoreCivic, which operates private prisons and immigrant detention centers, opened an investor call last month on a buoyant note.

“I’ve worked at CoreCivic for 32 years, and this is truly one of the most exciting periods in my career,” he said, adding that the company was anticipating in the next several years “perhaps the most significant growth in our company’s history.”

CoreCivic, GEO Group and some smaller private prison companies are becoming a key cog in the Trump administration’s plan to hold and then deport vast numbers of undocumented immigrants. Already in the past week, CoreCivic and GEO have announced new contracts and executives say they are expecting more.

No comments: