Private prisons announce $1.4 billion in revenue as immigration detentions climb
Private prison companies reported $1.4 billion in revenue as immigration detentions increased, with CoreCivic additionally generating $1.6 billion in net proceeds from selling four facilities to the Department of Homeland Security. This financial growth reflects the expanding role of private detention in immigration enforcement. The revenue figures underscore the growing financial stakes in the private prison industry tied to immigration policy.
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Private prisons announce $1.4 billion in revenue as immigration detentions climb
Private prison companies reported $1.4 billion in revenue as immigration detentions have increased, with CoreCivic alone generating an additional $1.6 billion in net proceeds from selling four facilities to the Department of Homeland Security. This financial growth reflects the expanding role of private detention in the immigration system.
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