The primary function of a enterprise is to create a customer as a result of it is the buyer that may determine the expansion potential of a enterprise. In the midst of the abuse allegations at Pahokee, Correctional Providers Corp. was enjoying sturdy earnings. By 1999, annual revenues reached more than $223 million, up from $99 million three years before. That year, the corporate acquired a rival, Maryland-primarily based Youth Services International, began by W. James Hindman, the founder and former chairman of Jiffy Lube International, Inc. Along with 5 new facilities in Florida, the deal gave the company access to new markets in the mid-Atlantic and the Midwest.
Final 12 months, Florida opted to not prolong YSI’s contract to oversee Thompson Academy, the facility where Jerry Blanton had blown the whistle and lost his job eight years earlier. In a letter to YSI despatched in summer season 2012 , … Read more