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Target Hospitality Secures Five-Year Lease With CoreCivic For Dilley Facility, Stock Gains - Target Hospitality (NASDAQ:TH)

Summary by Benzinga
Shares of modular accommodations and hospitality services provider Target Hospitality Corp. (NASDAQ:TH) are trading higher on Thursday. The company has entered into a five-year lease and services contract with CoreCivic, Inc. to restart operations at its Dilley, Texas facility. This agreement marks the return of the South Texas Family Residential Center, which Target Hospitality managed from September 2014 to August 2024. The reactivated facilit…

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Benzinga broke the news in New York, United States on Thursday, March 6, 2025.
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