Corrections Corporation of America · Nashville, TN United States ·(NYSE: CXW)

Corrections Corporation of America (CCA) has locked up a big share of the private prison market. The company operates more than 60 correctional, detention, and juvenile facilities with a capacity of some 85,000 beds in about 20 states and Washington, DC. CCA contracts with federal, state, and local authorities to manage the facilities, about 40 of which are company-owned. CCA also owns two facilities that are managed by other companies. Federal correctional and detention authorities account for 40% of CCA's sales. The company provides rehabilitation and education programs for inmates of its facilities. To read the full description, subscribe now.