NATCHEZ — CoreCivic announced a 5-year contract for the Adams County Correctional Center that will add 50 new jobs and potentially bring $400,000 in additional revenue each year for the county.

CoreCivic announced in a news release the contract with Immigration and Customs Enforcement Tuesday for the 2,232-bed private prison located on US 84 east of Natchez.

The new contract started Aug. 29 and has an initial term of 60 months, a news release announced Tuesday.

The contract comes after the Federal Bureau of Prisons elected in May not to renew its contract for the correctional center. Without a contract, more than 390 jobs were at risk of being lost.

Natchez, Inc. Executive Director Chandler Russ said the new contract was the best possible outcome for the county and the prison.

“The end outcome is about 50 new jobs,” Russ said.

Russ said the new contract calls for approximately 425 CoreCivic employees — approximately 35 more jobs than were called for in the previous contract with the Bureau of Prisons. In addition, Russ said, ICE will also create between 25 to 30 new positions locally. Previously, the BOP had between two and four employees, Russ said.

Russ said CoreCivic also agreed to a revenue-sharing plan with the county that equals 50 cents per inmate, per day at the facility.

When the facility reaches capacity, the county has the potential to receive approximately $1,100 per day or more than $400,000 per year, Russ said.

“Ultimately, we were able to retain one of our largest employers as well as one of our largest taxpayers,” Russ said. “It is a huge win for us.”

Russ said the prison pays roughly $2 million in taxes, including taxes to the school district, each year.

“I want to thank everyone who helped secure this contract. It was a total team effort between county, city, our congressional delegation and CoreCivic to see the contract through,” Russ said. “Thanks to ICE for having the confidence in our facility.”

Before Tuesday’s announcement, Adams County Correctional Center was already caring for 600 adult ICE detainees under an amended contract with the Federal Bureau of Prisons that expired on Aug. 30, the CoreCivic news release said.

CoreCivic said it anticipates ICE will soon begin utilizing additional space at the facility under the new contract.