Corrections Corp of America (NYSE:CXW)

Corrections Corp. of America engages as a prison operator. It specializes in owning, operating, and managing prisons and other correctional facilities and providing residential, community re-entry, and prisoner transportation services for governmental agencies. It operates business through two segments: Owned and Managed Correctional and Detention Facilities; and Managed-Only Correctional and Detention Facilities. The company was founded by Thomas W. Beasley, T. Don Hutto and Robert Crants on January 28, 1983 and is headquartered in Nashville, TN.