Possible Detention Center Overcrowding
Immigration and Customs Enforcement runs and owns less than 4% of detention center facilities. This means the private prison industry runs and owns 96% of the detention facilities that are operating in America. Geo Group has received an award amount with ICE of $122.5 Million. Unfortunately given the severity of the crack down there will not be enough capacity to allow for humane treatment of detainees. There likely will be severe overcrowding given that few detention centers, according to Geo Group’s SEC 10Q filing, have a capacity of 1000 beds. The current administration wants to remigrate millions of people though there is no means due to the current detention center capacity. It is likely that Geo Group will expand its operations and bigger contracts will be made to provide Geo Group an ability to build out a larger detention center network nationwide. Some estimates of the time it takes to build a new detention facility is less than a year. Perhaps capacity will increase in a year...