Pike County Lumber Company started out as Pike County Coal and Lumber Company. Bill Grote, the father of Steve and Fred, started the company when he bought a preexisting coal business after World War II. Anticipating the decline of the coal market, the focus was shifted to solely lumber and building materials. The doors first opened on January 2, 1947. At the time, there were thirteen other lumber yards in Pike County. When the Alexander Lumber right next door to the old office closed in 2007, Pike County Lumber became the only lumber yard left in county. Needing to expand, the old Alexander Lumber building was purchased. At that time, Pike County Lumber was operating out of three locations which included two satellite yards closer to the old rail system originating from when coal was a major part of the business. In 2014, Casey's General Store made an offer on the office location, which provided opportunity to combine everything under one roof.
Pike County Lumber Company has been a family owned and operated business since 1947. Steve and Fred Grote now the owners, each have over thirty years of experience in the lumber industry. Nick Grote, the son of Steve Grote, now works at Pike County Lumber making this a family business for three generations.