H.H. Taylor & Son is scaling back its offerings at the end of the month. The hardware store and lumberyard that has been a mainstay in New Milford, Conn. will stop selling lumber Nov. 28.
Steve Lewis, vice president of operations told the Danbury News Times that the decision was difficult. “It was several years in the making,” he told the newspaper. “It was driven by the economy, the competition and the difficulty keeping up with necessary volume given the cost of goods.”
The store’s 114 year history will continue, however, as the hardware store and rental center will remain.
“Lumber has not been profitable for the last 10 years, not since the housing bubble. Not in this neck of the woods,”
Lewis told the Waterbury Republican-American.
Company president Harry Taylor recently stepped back from the day-to-day operations of the business at 85 years old. Harry Taylor’s father, Harry Sr., started the business in 1901. Lewis, Taylor’s son in-law and Taylor’s daughter Susan Sunnello, vice president of finance, will continue to run the business.