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Article: Correctional Systems Inc. Announces Acquisition of a Community Corrections Center in Brownsville, Texas.
- Article from:
- Business Wire
- Article date:
- August 27, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN MARCOS, Texas--(BUSINESS WIRE)--Aug. 27, 1998--Correctional Systems Inc., (OTC BB:CRXS), announced today that it has acquired Reality House Inc. and a Federal Bureau of Prisons contract to manage the Brownsville, Tx. Community Corrections Center.
The contract is expected to generate approximately $850,000 in annual revenues for Correctional Systems Inc. The company recently announced it has been awarded a Federal contract to manage another Community Corrections Center in the McAllen, Tx. area.
John R. Forren, president & chief operating officer of Correctional Systems Inc. said these two Community Corrections Centers will complement the jail ...