August 14, 2008
CCA to close Memphis facility, lay off 92
Corrections Corp. of America will lay off 92 Memphis employees starting Monday, according to the Tennessee Department of Labor and Workforce Development.
Nashville-based Corrections Corp. of America (NYSE: CXW) will close the 200-bed Shelby Training Center in Memphis, which houses male offenders for the Juvenile Court of Memphis and Shelby County, said Steve Owen, a company spokesman.
The company will cease operations at the facility at the end of August. The facility anticipates a permanent reduction in population as the county will begin sending its juveniles to the care of the Tennessee Department of Children's Services…
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