Two of the nation's biggest operators of private immigrant detention centers are announcing major revenue growth.
One of those companies is GEO Group, with 6,000 beds at their immigration detention centers around the country. This includes Delaney Hall in New Jersey, where a congresswoman's clash with ICE agents led to her arrest in the spring.
GEO Group's third quarter update shows revenues increasing 13%, fueled by contracts with ICE, helping to give investors a banner 2025.
"This represents the largest amount of new business that we have won in a single year in our company's history," said George Zoley, CEO of GEO Group.
RELATED STORY | Immigrant arrests create 'unprecedented growth opportunities' for private jails
The other major operator of private jails is CoreCivic. Earlier

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