CoreCivic Expands Montana Relationship With New Contract And Additional Bed Utilization
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CoreCivic, Inc. has expanded its relationship with the state of Montana by securing a new management contract to house additional inmates at its facilities in Mississippi and Arizona. This expansion involves 240 inmates at the Tallahatchie County Correctional Facility and 120 inmates at the Saguaro Correctional Facility.
January 16, 2025 | 9:30 pm
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CoreCivic has secured a new contract with Montana, increasing inmate numbers at its Mississippi and Arizona facilities. This expansion is likely to boost revenues and strengthen its partnership with the state.
The new contract with Montana to house additional inmates at CoreCivic's facilities is likely to increase the company's revenue streams. The expansion of inmate numbers at two facilities indicates a strengthening of the partnership with Montana, which could lead to further contracts or extensions in the future. This development is positive for CoreCivic's financial outlook.
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