In January 1983, the Corrections Corporation of America (CCA) was founded by Nashville businessmen and would grow to become one of the oldest and largest for-profit private prison companies in America, laying the groundwork for a transformation in layout of corrections facilities across the country. The 58 was established with the goal of creating public-private partnerships in corrections by substituting government shortcomings with more efficient solutions. The first facility managed by CCA opened in April 1984 in Houston, Texas. As of 2012, the multibillion-dollar corporation, now known as CoreCivic, manages over 65 correctional facilities and boasts of a revenue exceeding over 1.7 billion dollars.