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  September 5, 2001
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Home > Company Index > Diversified Services > Security & Protection Products & Services > The Wackenhut Corporation

The Wackenhut Corporation
NYSE: WAK
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 NEWS FROM THE WIRES
Wackenut Q2 profits fall, but revenues gain
Aug 03 2001 05:53 AM PDT

More WIRE STORIES about this company

 PROFILE
Crime! Terrorism! Low unemployment! Wackenhut battles the perils of modern life by providing security services, private prison management, and employee staffing. The company's security services (47% of sales) include armed guards, background investigations, consulting, and security for airports, nuclear power plants, and US embassies. Subsidiary Wackenhut Corrections runs more than 50 correctional and detention facilities under contracts with government agencies in the US and other countries. Wackenhut Resources provides staffing services to more than 1,100 client companies in the US. Wackenhut, about 50%-owned by founder George Wackenhut, has operations in 48 US states and 50 countries.

 COMPETITION
Administaff, Inc. (ASF)
Corrections Corporation of America (CXW)
Securitas AB (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,505.10
1-Yr. Sales Growth: 16.4%
Employees: 65,000
Revenue per employee: $38,540.00

 KEY PEOPLE
• Richard R. Wackenhut
    CEO
• Philip L. Maslowe
    CFO

 CONTACT INFO
4200 Wackenhut Dr., Ste. 100
Palm Beach Gardens, FL 33140
US
Phone: 561-622-5656
Fax: 561-691-6471
Online: Web Site

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