For-profit Prison Companies in Texas Made Big Money Jailing Immigrants so Far This Year

May 20, 2016
San Antonio Current

Two private for-profit prison companies operating immigrant detention facilities in Texas reported strong financial gains to shareholders this month.

The GEO Group, which operates the immigrant detention facility in Karnes County, and Corrections Corp. of America, which runs a similar facility in Dilley, Texas, are rolling in cash.

Grassroots Leadership, an Austin-based organization that seeks to end the for-profit prison industry, reports that GEO Group told shareholders that the 626-bed expansion of the Karnes facility in December 2015 is one of a few reasons why its first quarter revenue for 2016 "increased to approximately $510 million from $427 million a year ago."