GEO Group and CCA are making a windfall from the rise of controversial family detention centers.The largest private prison companies in the United States are assuring their shareholders that profits are up, thanks in part to the windfall from locking up women and children in controversial "family detention centers."
"We are pleased with our first quarter financial performance, which exceeded our first quarter guidance despite incremental startup expenses incurred during the operational ramp of our Trousdale Turner Correctional Center,"
said Damon Hininger, chief executive officer of the private prison behemoth Corrections Corporation of America, in a press statement issued earlier this month. "Our financial performance was driven primarily by stronger than anticipated demand from our federal partners, most notably Immigration and Customs Enforcement."
According to the company's assessment, the spike in revenue was "primarily attributable to a contract at the South Texas Family Residential Center," which brought in over $70 million during the first quarter of 2016 alone—roughly double levels seen in the first quarter of 2015.
The prison-like facility is located in Dilley, Texas and
holds up to 2,400 women and children.
Atlantic magazine writer J. Weston Phippen
reports that more than half of the people incarcerated there are children whose average age is nine.
Comment: Woman gang raped on Florida beach while other spring breakers just watch