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CCA Loses Contracts for 7,594 Prison Beds in Past 16 Months; More Losses Looming

By Real Cost of Prisons Project (The Sentencing Project)

P R E S S R E L E A S E CCA Loses Contracts for 7,594 Prison Beds in Past 16 Months; More Losses Looming February 24, 2010 ? Private Corrections Working Group For Immediate Release Nashville, TN ? Corrections Corporation of America (CCA), the nation?s largest private prison company, has lost or terminated contracts totaling 7,594 prison beds within the past 16 months, and is expected to lose at least 3,696 more beds by the end of this calendar year. CCA announced on January 21, 2010 that based on the State of Arizona?s proposed budget, the company likely would lose its contracts to house Arizona prisoners at the company?s 752-bed Huerfano County Correctional Center in Colorado and its 2,160-bed Diamondback Corr. Facility in Oklahoma. Last year, CCA generated about $56...continue to full post

Full post as published by The Real Cost of Prisons Weblog on February 25, 2010 (boomark / email).