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The GEO Group Announces Contract for the Reactivation of Company-Owned, 400-Bed Mesa Verde Detention Facility

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BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE:GEO) (“GEO”) announced today the signing of a contract for the reactivation of the company-owned, 400-bed Mesa Verde Detention Facility (the “Facility”) in California. The Facility will house immigration detainees under an intergovernmental service agreement between the City of McFarland and U.S. Immigration Customs and Enforcement (“ICE”). GEO completed a $10 million renovation of the Facility at the end of 2014 and expects to begin the in

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