Top private prison companies see profits amid administration's immigration crackdown
~ https://abcnews.go.com/US/top-private-prison-companies-profi...
Prison Contracts: Profits & Politics
Two corporations, GEO Group, Inc. and CoreCivic, Inc. (CCA), manage over half of the private prison contracts in the US.
These contracts are extremely lucrative; in the 2017 fiscal year, GEO Group and CoreCivic earned a combined revenue of more than 4 billion dollars.
Corporations like GEO Group and CoreCivic are invested in mass incarceration because incarceration is profitable for them.
Such corporations ensure that correctional facilities are in demand through a variety of techniques, including minimum occupancy clauses and political lobbying efforts.
~ https://sites.tufts.edu/prisondivestment/prison-contracts/