Corrections Corporation of America is a company that owns and manages prisons and detention centers and operates others on a concession basis. The company is the largest private corrections company in the United States and manages more than 60 facilities with a designed capacity of 90,000 beds. CCA, incorporated in 1983 by three businessmen with experience in government and corrections, is based in Nashville, Tennessee. Corrections Corporation of America was founded on January 28, 1984 by Tom Beasley, Doctor Robert Crants and T. Don Hutto. The first facility, the Houston Processing Center,... was opened in 1984 and was contracted by the U.S. Department of Justice for the Bureau of Immigration and Customs Enforcement . The Houston Detention Center was built to house individuals who are awaiting a decision on their immigration case or repatriation. In 1984, CCA also took over the operations of the Tall Trees non-secure juvenile facility, for the Juvenile Court of Memphis and Shelby County. Two years later, CCA built the 200-bed Shelby Training Center in Memphis, Tennessee to house juvenile male-offenders.
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| NYSE symbol: | CXW |
| Founded: | 1983 |
| Headquarters: | Nashville, Tennessee |
| Annual revenue: | $1,598,910,000 |
| Net income: | $150,940,000 |
| Operating income: | $303,790,000 |
| Market cap: | $3,600,000,000 |
| Industries: | Facilities Support Services |