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In the months leading up to Election Day, the nation’s largest private prison company poured a million dollars into a super PAC supporting former President Donald Trump.
The donations from Geo Group were far from the largest corporate contribution to Trump’s war chest – but few industries are set to benefit from the incoming Trump administration as significantly as private prisons, which are expecting a surge in business driven by Trump’s plan to deport millions of undocumented immigrants.
During a recent corporate earnings call, Geo Group CEO Brian Evans estimated that his company could make as much as $400 million annually by filling empty or underutilized beds at existing detention facilities to support what he called the “future needs for ICE and the federal government,” referring to the U.S. Immigration and Customs Enforcement agency.
Executives from CoreCivic – the country’s second largest private prison company – said that they are preparing to meet the demand for detention beds that they anticipate from the incoming Trump administration. CoreCivic president Damon Hininger contributed $300,000 to a joint fundraising committee between the Trump campaign and the Republican National Committee over the last year.
P.S. On January 20, 2025, President Trump revoked Executive Order 14006 of January 26, 2021 (Reforming Our Incarceration System To Eliminate the Use of Privately Operated Criminal Detention Facilities).
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