Old dogs, new tricks

FSB's archives are packed with entrepreneurs who reinvented stagnant industries. Here's how some of them are doing today.

New trick: Caviar
New trick: Caviar
Osage catfisheries
Osagecatfisheries.com
This fish farm in Osage Beach, Mo., had been in business for nearly 50 years when it launched a new product: paddlefish caviar. It hoped a 2005 U.S. ban on imported caviar would help revenues. Unfortunately, after our article (October 2006) went to press, founder Jim Kahrs died, leaving the business to sons Pete, 49, and Steve, 41. An icy harvest in 2006 produced less than 10 percent of what was needed to fill orders. However, a $300,000 processing plant with the ability to double caviar output is slated to open in November. -Brandi Stewart

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.