RYE, N.H. (AP) — A century-old lumber business is planning to close in New Hampshire.

Jim Rand, whose grandfather started Rand Lumber in Rye in 1910, says there's no single reason it's closing. He tells WMUR-TV (http://bit.ly/YzpZAn) the economy, less demand for pine materials and a generational gap in the family contributed to the decision.

Rand said it's the customers and the community that he will miss the most. He expects to close Friday.

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Information from: WMUR-TV, http://wmur.com