According to an article in Knoxvillebiz.com, Schaad Lumber of Knoxville, Tenn., will close its doors after 87 years in business.

Owner John Schaad III is quoted in the article: "After several decades of running Schaad Lumber Co., I have decided to retire and close the business. Schaad Lumber has always been a family business, and there is no family member who is interested in taking over."