DeCou Lumber Co. in Atascadero closing after 75 years
June 20, 2012
DeCou Lumber Co. in Atascadero is going out of business after 75 years of providing building materials, paints, and hardware to area residents. [Tribune]
On June 5, the management of the family owned business filed bankruptcy noting $1 million owed to Mission Community Bank and an additional $300,000 owed for merchandise purchases.
Last week, management informed the roughly 14 employees they needed to close because of financial problems.
Two members of the DeCou family purchased the lumber yard in 1937 from the Homer T. Hayward Lumber Company and quickly expanded the yard, built new offices and a warehouse. In 1957, the family again enlarged the sales floor area and office space.