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| Corrections Corp. opens Mississippi prison |
| By Nashville Business Journal |
| Published: 04/03/2009 |
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Corrections Corporation of America is opening a new prison in Natchez, Miss., that will house more than 2,500 federal prisoners and create some 400 jobs. CCA won a federal contract to house a maximum of 2,567 inmates at its new Adams County Correctional Center in southwest Misssissippi. A group of prisoners — mostly illegal aliens in the process of being deported — will start arriving this fall, the company says. The $128 million federal facility is the corrections company's fourth prison in Mississippi. Franklin-based CCA (NYSE:CXW) is the nation’s largest private prison operator. Mississippi Gov. Haley Barbour hailed the federal contract, saying in a statement that it “fills a public need and provides good-paying jobs to Mississippians.” Tony Grande, CCA’s chief development officer, calls the prison industry “recession-resistant.” But in February, CCA suspended construction of a 2,040-bed correctional facility in Trousdale County, Tenn., citing uncertainty over when the facility’s beds could be filled. Company officials said they would hold off on building the prison until they had a better idea of when they could fill the beds. A 1,000-bed federal detention center in Nevada was also placed on hold. Read more. If link has expired, check the website of the article's original news source. |
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