Reported 1 day ago
The Geo Group announced a joint venture on October 2, 2025, to manage a 1,310-bed detention facility in Baker County, Florida, marking a significant expansion in the Southeast. GEO will serve as the lead manager under contract with the state. This development comes ahead of the company’s third-quarter earnings release, positioning it as a key point in discussions about stability in a challenging regulatory environment.
Source: YAHOO