As a salt mine operator in East Texas, I will be susceptible to severe storms, hurricanes, and severe flooding from weather activity that moves in from off of the Gulf Coast. In addition to potential destruction of my mining facilities, my workers’ homes, and the town, my salt mines could go out of operation for the duration of the flood. I would not be able to mine any salt while everything is underwater, which means I will be out of work, along with my employees. That means there is no money coming in to pay my creditors. If I have salt supplies in reserve that have already been mined, they may be damaged, or I may have no way to export them if the surrounding transportation facilities are stopped due to flooding. I will likely have to spend money to rebuild my facilities after the devastation.
I am most likely to face challenges in weather that may include arid weather and dryness. This could impact my business because it will be harder to mine for salt.
The (consumer) of the product. Companies must pass on the added cost of government regulation/compliance to the products they sell or manufacture, therefore the end user will pay the added cost.
