Jun. 1 at 2:31 PM
$GEO New Jersey just sealed the deal.
The complete failure of state and local government in NJ only highlights that these private facilities will become federally owned and protected.
The strength of
$GEO then becomes the operational and technological systems needed to support Detention Centers. Electronic monitoring, staffing, logistical support. All will be provided by
$GEO operations.
Employee costs go down. Technology margins become much more significant.
$GEO is a MONSTER IN THE MAKING.
