Cornell Buys Women's Prison in Brush

Cornell, Inc, the company that is currently trying to build a women's prison in Hudson has acquired the women's prison in Brush. We are currently opposing that prison and are waiting for the annexation vote on May 8 (The Tribune reported that it was on the 18th) that was reported here on Sunday. (Article Here)

HOUSTON, Apr 16, 2007 (PrimeNewswire via COMTEX) -- Cornell Companies, Inc. (CRNannounced today that it has entered into an agreement with GRW Corporation to acquire GRW's Brush Correctional Facility in Brush, Colorado. The Brush Correctional Facility currently houses approximately 270 medium-security female inmates under an Intergovernmental Agreement with the City of Brush and the Colorado Department of Corrections.

Cornell expects to close the transaction during the second quarter of 2007, subject to closing conditions that include Cornell's entry into an operating agreement with the City of Brush with respect to the facility and the City's underlying agreement with the Colorado Department of Corrections.

James E. Hyman, Cornell's chairman and chief executive officer, stated, "We are pleased to announce this transaction, as it indicates our commitment to serving the needs of the Colorado Department of Corrections. The GRW program is an incremental addition to the contract we were awarded by the Colorado Department of Corrections in June 2006."

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