CXW
- CoreCivic, Inc.
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Overview
Company Summary
CoreCivic, Inc. is a company that specializes in providing solutions for government partners in the United States to address public safety, corrections, and detention management needs. Formerly known as Corrections Corporation of America, CoreCivic has been operating since 1983 and is one of the largest private prison operators in the country.
CoreCivic primarily focuses on three core business segments: corrections, detention, and residential reentry. In the corrections segment, the company manages and operates correctional facilities, including state, federal, and local prisons. They work closely with government agencies to provide secure incarceration environments and comprehensive rehabilitation programs for offenders.
In the detention segment, CoreCivic manages and operates detention centers for the U.S. Immigration and Customs Enforcement (ICE) agency. They provide housing, custody, and various support services required for individuals held in immigrant detention facilities.
The residential reentry business segment offers services to help incarcerated individuals successfully reintegrate into society after their release. CoreCivic operates residential reentry centers that provide transitional housing, employment assistance, educational programs, and other supportive services. These programs aim to reduce recidivism and facilitate successful reintegration into the community.
In addition to these core businesses, CoreCivic offers real estate and development services to governmental partners. This includes assisting in the construction, renovation, maintenance, and leasing of correctional, detention, and residential reentry facilities.
It is essential to note that CoreCivic has faced criticism and controversy over its involvement in the private prison industry, with concerns raised regarding profit motives, conditions of confinement, and the impact on criminal justice reform efforts. These concerns have led to ongoing debates and discussions about the role of private correctional and detention operators in the United States.