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All American Building Systems Signs Contract to Build Barracks for U.S. Army

May 4, 2009

ELKHART, Ind., May 4 /PRNewswire-FirstCall/ — All American Building Systems, LLC (AABS, allamericanbuildings.com), the major projects division of Coachmen Industries, Inc. (OTC: COHM.PK), announced today it has signed a contract to build housing for the United States Army at Fort Bliss, located near El Paso, Texas.

Construction is already underway with continuous shipments to Fort Bliss through late June for approximately $6.1 million. The contract is for two barracks buildings to house nearly 300 unaccompanied enlisted soldiers and will require over 130 tractor-trailers for transport to El Paso.

“We are very proud to start construction of these homes for the men and women serving our country,” said Rick Bedell, President of All American Building Systems. “We have considerable experience with over one million square feet of military housing and buildings constructed over the past few years. Our speed of construction and consistent quality produces a superior home for our troops and value to the taxpayers,” said Bedell.

All American Building Systems is pleased to work with The Warrior Group Inc. based in DeSoto, Texas and general contractor Hensel Phelps Construction Co. of Greeley, Colorado. This team worked together on a larger barracks projects at Fort Bliss in 2008.

Additional construction of five buildings at Fort Bliss worth approximately $15.2 million is awaiting funding from the appropriate government authorities.

Coachmen Industries, Inc. is one of America’s premier systems-built construction companies under the ALL AMERICAN BUILDING SYSTEMS(R), ALL AMERICAN HOMES(R) and MOD-U-KRAF(R) brands, as well as a manufacturer of specialty vehicles. Coachmen Industries, Inc. is a publicly held company with stock quoted and traded on the over-the-counter markets under the ticker COHM.PK.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned not to place undue reliance on forward-looking statements, which are inherently uncertain. Actual results may differ materially from that projected or suggested due to certain risks and uncertainties including, but not limited to, liquidity, the ability of the Company to bond major government contracts, availability of working capital, availability of credit to the Company and its customers, the depth and duration of the recession, the ability to produce buses to meet demand, the potential fluctuations in the Company’s operating results, price volatility of raw materials used in production, the availability and cost of real estate for residential housing, the supply of existing homes within the company’s markets, government regulations, dependence on significant customers within certain product types, consolidation of distribution channels, consumer confidence, uncertainties of matters in litigation, and other risks identified in the Company’s SEC filings.

    For product information:
    Mike Donley
    Director of Marketing Communications
    574-266-2533

    For investor or financial information:
    James T. Holden
    Corporate Secretary and Assistant General Counsel
    574-266-2510

SOURCE Coachmen Industries, Inc.


Source: newswire



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