CoreCivic赢得明尼苏达州拥有1，600个床位的ICE五年新合同

2026-08-04 20:57

CoreCivic (CXW) announced on Tuesday that it won a five-year contract with U.S. ICE to operate its 1,600-bed Prairie Correctional Facility in Appleton, Minnesota.
The contract starts Aug. 11, 2026, reactivating a facility that has been idle since 2010.
The agreement includes a fixed monthly payment and an additional per diem payment based on detainee population.
The company expects the contract to have an immaterial impact on 2026 earnings, due to startup activities and a phased intake process.
Once the facility is fully operational, the company expects it to generate approximately $75 million in annual revenue.
The company expects to begin receiving detainees in the fourth quarter of 2026, with the facility expected to be fully ramped up by the second quarter of 2027.
CEO Patrick D. Swindle said prior investments in the facility will support an efficient restart and added that its location strengthens CoreCivic's ability to support its government partner across the U.S.

More on Corecivic