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CoreCivic Inc CXW

CoreCivic, Inc. is a diversified, government-solutions company. The Company provides a broad range of solutions to government partners that serve the public good through corrections and detention management. Its segments include CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. CoreCivic Safety segment consists of approximately 43 correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by CoreCivic, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic. CoreCivic Safety also includes the operating results of its subsidiary that provides transportation services to governmental agencies, TransCor America, LLC. CoreCivic Community segment consists of the residential reentry centers that are owned, or controlled via a long-term lease, and managed by CoreCivic. CoreCivic Properties segment consists of the real estate properties owned by CoreCivic and leased to government agencies.


NYSE:CXW - Post by User

Post by schoolofrockon Sep 16, 2020 11:50am
181 Views
Post# 31567215

A Quick Turnaround for Cimarron Facility

A Quick Turnaround for Cimarron FacilityCoreCivic announced the U.S. Marshals Service (USMS) had entered into an agreement to utilize the Company's 1,692-bed Cimarron Correctional Facility. This facility was going to be idled due to decreased inmate populations from COVID and a reduced government budget in Oklahoma. The new management contract with USMS will allow the Company to transition the facility's mission without significantly disrupting operations.

https://www.channelchek.com/news-channel/CoreCivic__CXW____A_Quick_Turnaround_for_Cimarron_Facility
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