Prisons
Barclays in 2019 said the company would no longer finance private prison companies.
Hi, what are you looking for?
All the latest stories we've written tagged "CoreCivic."
Barclays in 2019 said the company would no longer finance private prison companies.
The bill comes after much concern from lawmakers over Gov. Kay Ivey's estimated $3.7 billion prison plan.
Construction on the Elmore County prison is to begin later this year, according to the contract.
Gov. Kay Ivey is expected to sign the contract with CoreCivic on Monday.
CoreCivic is set to build two of Alabama’s three new planned prisons in Escambia and Elmore counties.
Shares for the private prison company bidding to build one or more of Alabama three new prisons are down more than 50 percent this...
Editor’s note: The story was updated Feb. 12, 2020, to reflect that the private company Corvias has also pulled out of the procurement process. ...
One of the two private prison companies vying to build Alabama’s new prisons is looking to a Japanese Bank for financing after many U.S....
Geo Group, the nation’s largest private prison and detention center company, is investing in Alabama’s lawmakers just as the company hopes to land a...
The secrecy behind Alabama’s plan to build three new prisons using private prison companies mirrors a project in Kansas that left some lawmakers there...