Attached files
| file | filename |
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| 8-K - FORM 8-K 11/21/2009 - COACHMEN INDUSTRIES INC | f8k11212009.htm |
2831
Dexter Dr. Elkhart, IN 46514
Phone:
(574) 266-2534 Fax: (574) 266-3304
All
American Group Acquires Exclusive Rights to Modular Home Designs from Wick
Building Systems
Elkhart, Ind. —All American
Group announces the license of intellectual property from the modular home
division of Wick Building Systems located in Marshfield, WI. Through this
transaction, All American Group has the exclusive rights to all of Wick’s
designs for three distinct modular home product lines under the brand names of
Artcraft Homes®,
Marshfield Homes® and
Rollohome®. Wick
is also referring its network of builders to All American Group for future
orders of modular homes produced with Wick’s industry leading
designs.
Wick is
exiting the modular homes business to focus on a more profitable core business
with its Wick Buildings division. They traditionally marketed modular homes
through an independent builder network, serving 11 states in the north central
region of the United States.
“This is
a win-win for All American and Wick’s modular home builders,” stated Rick
Bedell, President of All American Homes, LLC. “We intend to continue
offering these product lines to the Wick independent builder network, through
the All American Homes modular manufacturing facilities. This will provide an
immediate and uninterrupted supply of Wick designed homes to their current
builder base, as well as add to production throughput for the All American
manufacturing facilities.”
Coachmen
Industries, Inc., doing business as All American Group, is one of America's
premier systems-built construction companies operating under the ALL AMERICAN
BUILDING SYSTEMS®, ALL
AMERICAN HOMES® and
MOD-U-KRAF®
brands, as well as a manufacturer of specialty vehicles through a joint venture
with ARBOC Mobility, LLC. All American Group is a publicly held
company with stock quoted and traded on the over-the-counter markets under the
ticker COHM.PK.
All
American Group includes All American Homes, LLC and Mod-U-Kraf, LLC, which
combined are one of the nation's largest builders of systems-built residential
homes. Models range from single-story ranches to spacious two-story colonials to
beautifully rustic log homes, under the Ameri-Log®
brand. A line of solar homes that can generate low to zero energy bills is
available under the Solar Village®
brand. All American Building Systems, LLC, builds large scale projects such as
apartments, condominiums, dormitories, hotels, military and student housing. The
Company’s construction facilities are located in Colorado, Indiana, Iowa, North
Carolina and Virginia.
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 more
information contact:
Bill
Martin
Director
of Marketing
Phone:
(574) 266-2534
Email:
bmartin@allamericanhomes.com
For
investor or financial information:
James T.
Holden
Corporate
Secretary and Assistant General Counsel
Phone:
(574) 266-2500