{"id":986242,"date":"2026-07-29T06:58:39","date_gmt":"2026-07-29T10:58:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\/"},"modified":"2026-07-29T06:58:39","modified_gmt":"2026-07-29T10:58:39","slug":"the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\/","title":{"rendered":"The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina<\/b><\/p>\n<p>BOCA RATON, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>The GEO Group, Inc. (NYSE: GEO)<\/b> (\u201cGEO\u201d or the \u201cCompany\u201d) announced today that the Company has entered into a five-year support services contract with U.S. Immigration and Customs Enforcement (\u201cICE\u201d) for the activation of a federal immigration processing center at the GEO-owned, 1,320-bed Rivers Facility (the \u201cFacility\u201d) in Winton, North Carolina.<\/p>\n<p>\nThe support services contract is expected to generate approximately $80 million in annual revenues in the first full year of operations. GEO\u2019s support services are expected to include the exclusive use of the Facility by ICE, along with security, maintenance, and food services, as well as access to recreational amenities, medical care, and legal counsel.<\/p>\n<p>\nGeorge C. Zoley, GEO&#8217;s Chairman, Chief Executive Officer and Founder, said, \u201cWe expect that our company-owned Rivers Facility in Winton, North Carolina will play an important role in helping meet the need for increased federal immigration processing center bedspace. We are proud of our 40-year public-private partnership with ICE, and we stand ready to continue to assist the federal government in meeting its immigration enforcement priorities.\u201d<\/p>\n<p><b>About The GEO Group<\/b><\/p>\n<p>\nThe GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO\u2019s diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care\u00ae, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO\u2019s worldwide operations include the ownership and\/or delivery of support services for 97 facilities totaling approximately 76,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 20,000 employees.<\/p>\n<p><b>Use of forward-looking statements<\/b><\/p>\n<p>\nThis news release may contain \u201cforward-looking statements\u201d within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the cautionary statements and risk factors contained in GEO&#8217;s filings with the U.S. Securities and Exchange Commission including its Form 10-K, 10-Q and 8-K reports. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements and risk factors contained in GEO\u2019s filings with the U.S. Securities and Exchange Commission, including those referenced above. GEO disclaims any obligation to update or revise any forward-looking statements, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260728250577r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260728250577\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260728250577\/en\/<\/a><\/span><\/p>\n<p>\nPablo E. Paez (866) 301 4436<br \/>\n<br \/>Executive Vice President, Corporate Relations<\/p>\n<p><b>KEYWORDS:<\/b> Florida North Carolina United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Defense Other Construction &amp; Property Residential Building &amp; Real Estate Construction &amp; Property Urban Planning Other Defense Contracts<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260728250577\/en\/2862590\/3\/01-GEO-Corp.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina BOCA RATON, Fla.&#8211;(BUSINESS WIRE)&#8211;The GEO Group, Inc. (NYSE: GEO) (\u201cGEO\u201d or the \u201cCompany\u201d) announced today that the Company has entered into a five-year support services contract with U.S. Immigration and Customs Enforcement (\u201cICE\u201d) for the activation of a federal immigration processing center at the GEO-owned, 1,320-bed Rivers Facility (the \u201cFacility\u201d) in Winton, North Carolina. The support services contract is expected to generate approximately $80 million in annual revenues in the first full year of operations. GEO\u2019s support services are expected to include the exclusive use of the Facility by ICE, along with security, maintenance, and food services, as well as access to recreational amenities, medical care, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-986242","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina BOCA RATON, Fla.&#8211;(BUSINESS WIRE)&#8211;The GEO Group, Inc. (NYSE: GEO) (\u201cGEO\u201d or the \u201cCompany\u201d) announced today that the Company has entered into a five-year support services contract with U.S. Immigration and Customs Enforcement (\u201cICE\u201d) for the activation of a federal immigration processing center at the GEO-owned, 1,320-bed Rivers Facility (the \u201cFacility\u201d) in Winton, North Carolina. The support services contract is expected to generate approximately $80 million in annual revenues in the first full year of operations. GEO\u2019s support services are expected to include the exclusive use of the Facility by ICE, along with security, maintenance, and food services, as well as access to recreational amenities, medical care, and &hellip; Continue reading &quot;The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-29T10:58:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260728250577r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina\",\"datePublished\":\"2026-07-29T10:58:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\\\/\"},\"wordCount\":538,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260728250577r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-geo-group-announces-contract-for-company-owned-1320-bed-rivers-facility-in-north-carolina\\\/\",\"name\":\"The GEO Group Announces Contract for Company-Owned 1,320-Bed Rivers Facility in North Carolina - 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