CCA irons out agreement to house inmates in Arizona prison
Source: Nashville Business Journal - 12:09 PM CST Friday, February 24, 2006
Corrections Corp. of America has signed a deal with the city of Eloy, Ariz., to house U.S. Immigration and Customs Enforcement detainees through an agreement between the federal government and the city. The agreement enables ICE to hold detainees in CCA's 1,500-bed Eloy Detention Center. As of Feb. 23, that prison had a total population of 920 inmates. In January, the Federal Bureau of Prisons notified Nashville-based CCA (NYSE: CXW) that it would not renew an option to have inmates held at the Eloy facility. Eloy has housed federal inmates as well as immigration detainees. The detainees were held through an agreement between ICE and the Bureau of Prisons. The way this new agreement works, ICE contracts with the city which, in turn, contracts with CCA to house the detainees. The company expects that the facility "will be substantially occupied" by ICE detainees.
CCA operates 63 correctional facilities, including 39 it owns, in 19 states and Washington D.C.