Elkhart, IN (PRWEB) February 5, 2009
All American Homes (http://www.allamericanhomes.com) has donated a class C motorhome, valued at over $83,000, to the "A Century of Values" team who will soon begin a cross country journey in honor of the 100th anniversary of the Boy Scouts of America.
"As a former scout, I am proud that our company was able to support the Century of Values Tour and the heritage of scouting," said Rick Lavers, CEO of Coachmen Industries. "This sponsorship is a natural fit for our Company and an association that we are proud to be connected with."
The year long event, aptly called "A Century of Values Tour" will launch from Laingsburg, Michigan on February 8, 2009. Fourteen road teams of dedicated adult scout volunteers will travel in the donated motorhome nearly 45,000 miles, with a mission of visiting every Boy Scout Council in the United States. The Century of Values team will also make stops along the way to visit some of the All American Homes construction facilities and builders to learn more about the processes that make system built homes such a great value. It is expected that local media outlets will be in attendance at many of the stops.
At each of the approximately 300 Boy Scout Councils, the teams will make a ceremonial presentation to each Council Executive with a large color mural depicting key figures and events through Scouting's first 100 years. The final day of the tour on February 8, 2010, will conclude with a mural presentation to the National Boy Scout Museum in Texas.
"Our goal is to thank each council for their commitment to Scouting's traditions and values, and with a great company like All American Homes standing behind us we know that our goal will be reached.", said A Century of Values tour advisor Frank Mallon.
All American Homes and Mod-U-Kraf are subsidiaries of Coachmen Industries. Together these companies form one of the nation's largest builders of systems-built homes, and offer an exclusive Solar Village® line of sustainable, green and solar homes, as well as log homes that are sold under the Ameri-Log Homes® brand. In addition, both companies offer a variety of multi unit residential structures such as apartment complexes, senior living centers, condominiums, military and student housing, and other large-scale residential projects. Coachmen Industries also manufactures specialty vehicles.
For more information on A Century of Values and complete tour schedule visit http://www.acenturyofvalues.org . For more information on All American Homes and Coachmen Industries, visit http://www.coachmen.com.
Coachmen Industries, Inc. is one of America's premier manufacturers of systems-built construction, as well as specialty vehicles. Through ALL AMERICAN HOMES® and MOD-U-KRAF®, the Company is one of the nation's largest producers of systems-built homes, and also a major builder of commercial and multi-family residential structures with its ALL AMERICAN BUILDING SYSTEMS™ products. Coachmen Industries, Inc. is a publicly held company with stock listed on the New York Stock Exchange (NYSE) under the ticker COA.
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, the potential fluctuations in the Company's operating results, increased interest rates the availability for floorplan financing for the Company's builders and corresponding availability of cash to Company, uncertainties and timing with respect to sales resulting from recovery efforts in the Gulf Coast, uncertainties regarding the impact on sales of the disclosed restructuring steps in housing and building segments, the ability of the company to generate taxable income in future years to utilize deferred tax assets and net operating loss carry-forwards available for use, the impact of performance on the valuation of intangible assets, the availability and the price of gasoline, price volatility of raw materials used in production, the Company's dependence on suppliers, the availability and cost of real estate for residential housing, the supply of existing homes within the company's markets, the impact of home values on housing demand, the impact of sub-prime lending on the availability of credit for the broader housing market, the ability of the Company to perform in new market segments where it has limited experience, adverse weather conditions affecting home deliveries, competition, government regulations, legislation governing the relationships of the Company with its builders, dependence on significant customers within certain product types, consolidation of distribution channels, consumer confidence, uncertainties of matters in litigation, current litigation relating to and Congressional inquiry surrounding the Company's use of components containing formaldehyde in its products, further developments in the war on terrorism and related international crises, oil supplies, and other risks identified in the Company's SEC filings.
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