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All American Homes Prepared to Assist Midwestern Flood Victims From Its Decatur, Indiana Plant
DECATUR, Ind.--(BUSINESS WIRE)--All American Homes, LLC of Decatur, Ind. announced today it is ready to work closely with local relief authorities and insurance companies to help rebuild the homes of flood victims throughout the Midwest and particularly in Indiana and Illinois counties approved for federal assistance.
All American Homes will offer flood stricken residents substantial rebates for replacement homes. More importantly, homes built for flood victims will be treated as a top priority to accelerate construction and minimize the time families are displaced. Local independent builders will participate in the effort with All American Homes.
“We initiated our Disaster Relief Program about two weeks ago in response to the tornados in Iowa and Minnesota,” said Rick Bedell, president of All American Homes. “We are willing and able to offer the same assistance to families throughout the Midwest that have lost a home to floods or any natural disaster. We are proud to get involved and offer a helping hand.”
For flood relief assistance in Indiana/Illinois please contact Jay Beplay at 866-299-0680.Visit the All American Homes website for further updates at www.allamericanhomes.com.
All American Homes has been building quality single and multi-family residences since 1970. Homes up to 3,500 square feet are offered through a network of over 450 independent builders in 30 states. Log homes are offered under the Ameri-Log Homes® brand. All American Homes is also a proud builder of barracks for the United States military under its All American Building Systems subsidiary.
Coachmen Industries, Inc. is one of America’s leading manufacturers of recreational vehicles, systems-built homes and commercial buildings, with prominent subsidiaries in each industry. 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 (NYSE: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 recreational vehicle dealers 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 both the recreational vehicle and 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 chassis and other 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 recreational vehicle dealers, dependence on significant customers within certain product types, consolidation of distribution channels in the recreational vehicle industry, 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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