Businesses after Irene: From wipeout to windfall

Waste removal companies are literally cleaning up because of Hurricane Irene, but other businesses have been ruined. Here are their stories.

Wiped out
Wiped out
Mickey Daniels stands in front of his crab processing business, which has been ruined by Irene.
Business: Daniels Seafood & Crab House
Location: Nags Head, N.C.

Hurricane Irene destroyed Mickey Daniels' crab processing business, and he doesn't have flood insurance.

He can't afford to replace it.

Daniels Seafood & Crab House in Nags Head, N.C., is a family business. Daniels started working for his dad when he was 11 years old, and that was 53 years ago.

Irene busted the walls out of his business and left it inoperable, he said.

"My son works with me here. I don't know what he is going to do now," said Daniels. "We are kind of in a limbo."

Before being wiped out, Daniels Seafood & Crab House would cook thousands of pounds of crab, and then half a dozen women would pick out the crabmeat and put it in cups to be sold both wholesale and at a small retail shop out front.

Facing tough competition from crabbers in countries like Venezuela, Indonesia, and China, Daniels was forced to downsize a few years ago.

"We downsized, got smaller. Just got to a place where I couldn't afford it anymore," he said. "I didn't have any flood insurance."

While his home survived the storm, his mother's and sister's houses have been damaged by the storm. The destruction to his business and his family's homes has left Daniels "kind of in a daze, not knowing which way to turn or what to do."

He will see if he can get any assistance from the government to fix his shop. "I don't know what is out there right now," said Daniels.


By Catherine Clifford - Last updated September 01 2011: 9:18 AM ET
Join the Conversation
Firing horror stories

Be polite and professional when giving an employee the boot. And if the person getting fired starts to lose it, duck.

Most Popular
 
 
 
 
 

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: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. 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 2018 and/or its affiliates.