'Make or Break' season for Florida Keys lobster industry

CONCH KEY -- Gary Nichols built Nichols Seafood of Conch Key from scratch in the 1970s with a crashed boat headed to the junkyard and scrap wood scavenged from a dump to make traps.

On Friday, the 53-year-old begins his 38th spiny lobster season. It's a ``make or break'' season for his family business that now includes his 26-year-old daughter as captain of his second boat.

The Nichols are optimistic that prices will be much better than last season's abysmal going rate of around $3 a pound on the global market, about the same price Gary Nichols said he got 30 years ago on the South Florida mainland.

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