The land was first owned by Jerome C. Davis (the man Davis was named after) according to a mortgage dated November 1, 1861, but changed hands many times since. The original land occupied by Davis Lumber Company consisted of several lots along the west side of the railroad between 2nd and 3rd Streets as well as two lots north of 3rd Street. The company has expanded and now has property extending to 4th Street and across the railroad tracks to where our Rock Yard is located.

Davis Lumber Company was formed on October 1, 1907 and incorporated on February 24, 1922. In the year 1937 the Anderson family took existing stock from their own hardware store, located on the west side of G Street, and exchanged their business for common stock in the Davis Lumber Company. From that point on the Andersons have been instrumental in the growth of the company. On June 22, 1962, Donald, Dora and Essie Anderson purchased the Davis Lumber Company.

In 1966, Davis Lumber Company joined into the Ace Hardware Co-operative in order to meet the needs of their customers. In 1999, the store changed its name to Davis Ace, naming their buildings Ace Housewares, Ace Hardware, Ace Garden & Pet, and Ace Rock & Rental. Jennifer Anderson, daughter of Dora and Don Anderson, is the president. She works hard to accomodate the needs of the changing community by continually updating products and services. Davis Ace would like to thank the community for its patronage through its history, and would like to continue it's relationship into the future.