UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549









FORM
11-K









(Mark
One)


þ
            
            ANNUAL
      REPORT PURSUANT TO SECTION 15 (d) OF THE SECURITIES EXCHANGE ACT OF
      1934


For
the fiscal year ended December 31, 2007




OR


o
            
            TRANSITION
      REPORT PURSUANT TO SECTION 15 (d) OF THE SECURITIES EXCHANGE ACT OF
      1934


For the transition period
from 
to




Commission
File number 001-07160











COACHMEN
INDUSTRIES, INC.


RETIREMENT
PLAN AND TRUST




(Full
title of the plan)










COACHMEN
INDUSTRIES, INC.


423
NORTH MAIN STREET


MIDDLEBURY,
INDIANA 46540




(Name of
issuer of the securities held pursuant to the plan


and the
address of its principal executive office)












COACHMEN INDUSTRIES, INC. RETIREMENT PLAN AND TRUST


Middlebury,
Indiana






December
31, 2007 and 2006




















CONTENTS



















REPORT OF INDEPENDENT REGISTERED PUBLIC
      ACCOUNTING FIRM
            1FINANCIAL
      STATEMENTSSTATEMENTS OF NET ASSETS AVAILABLE FOR
      BENEFITS
            2STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE
      FOR BENEFITS
            3NOTES TO FINANCIAL STATEMENTS
            4SUPPLEMENTAL
      SCHEDULESCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF
      YEAR)
            11















REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM








Plan
Administrator


Coachmen
Industries, Inc. Retirement Plan and Trust


Middlebury,
Indiana





We have
audited the accompanying statements of net assets available for benefits of the
Coachmen Industries, Inc. Retirement Plan and Trust (the “Plan”) as of December
31, 2007 and 2006, and the related statements of changes in net assets available
for benefits for the years then ended. These financial statements are the
responsibility of the Plan's management. Our responsibility is to express an
opinion on these financial statements based on our audits.





We
conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.





In our
opinion, the financial statements referred to above present fairly, in all
material respects, the net assets available for benefits of the Plan as of
December 31, 2007 and 2006, and the changes in net assets available for benefits
for the years then ended in conformity with accounting principles generally
accepted in the United States of America.





Our audit
was conducted for the purpose of forming an opinion on the basic financial
statements taken as a whole. The supplemental Schedule H, Line 4i – Schedule of
Assets (Held at End of Year) is presented for the purpose of additional analysis
and is not a required part of the basic financial statements but is
supplementary information required by the Department of Labor's Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974. The supplemental schedule is the responsibility of the
Plan's management. The supplemental schedule has been subjected to the auditing
procedures applied in the audit of the basic 2007 financial statements and, in
our opinion, is fairly stated in all material respects in relation to the basic
2007 financial statements taken as a whole.











Crowe Chizek and Company
LLC


South
Bend, Indiana


June 25,
2008




1.
 Index


COACHMEN INDUSTRIES, INC. RETIREMENT PLAN AND
TRUST


STATEMENTS
OF NET ASSETS AVAILABLE FOR BENEFITS


December
31, 2007 and 2006










2007
            
            
            2006ASSETSInvestments, at fair
      value
            $
            27,938,437
            
            
            $
            25,980,431Contributions
      receivableParticipant
            
            -
            
            
            
            48,178Employer
            
            -
            
            
            
            8,701Loans
      receivable
            
            949,481
            
            
            
            947,417Net assets
      reflecting all investments at fair value
            
            28,887,918
            
            
            
            26,984,727Adjustment from fair
      value to contract value for fully benefit-responsive
      contracts
            
            -
            
            
            
            -NET
      ASSETS AVAILABLE FOR BENEFITS
            $
            28,887,918
            
            
            $
            26,984,727











2.
 Index


COACHMEN INDUSTRIES, INC. RETIREMENT PLAN AND
TRUST


STATEMENTS
OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS


Years
ended December 31, 2007 and 2006











2007
            
            
            2006Additions
      to net assets attributed to:Interest
      and dividends
            $
            1,281,048
            
            
            $
            1,327,544Net
      appreciation in fair value of investments
            
            401,701
            
            
            
            1,548,501ContributionsParticipant
            
            3,265,378
            
            
            
            3,219,278Employer
            
            1,050,597
            
            
            
            997,050Rollovers
            
            177,542
            
            
            
            132,8394,493,517
            
            
            
            4,349,167Total
      additions
            
            6,176,266
            
            
            
            7,225,212Deductions
      from net assets attributed to:Benefits
      paid to participants
            
            4,244,286
            
            
            
            9,389,598Administrative
      expenses
            
            28,789
            
            
            
            35,718Total
      deductions
            
            4,273,075
            
            
            
            9,425,316Net
      increase (decrease)
            
            1,903,191
            
            
            
            (2,200,104
            )Net
      assets available for benefits:Beginning
      of year
            
            26,984,727
            
            
            
            29,184,831End
      of year
            $
            28,887,918
            
            
            $
            26,984,727






See
accompanying notes to financial statements.


3.
 Index




COACHMEN INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES TO
FINANCIAL STATEMENTS
 December
31, 2007 and 2006









NOTE
1 – PLAN DESCRIPTION





The
following description of the Coachmen Industries, Inc. Retirement Plan and Trust
(the “Plan”) provides only general information. Participants should refer to the
Plan agreement for a more complete description of the Plan's
provisions.





General: The Plan is
a defined contribution plan covering all full-time employees of Coachmen
Industries, Inc. and its subsidiaries (individually and collectively referred to
as the "Company" or "Employer") who are still actively employed on the first of
the month following one month of service and are 18 years of age, except
those employees covered under a collective bargaining agreement. The Plan is
subject to the provisions of the Employee Retirement Income Security Act of 1974
("ERISA").





Contributions: The
Company can make matching and discretionary profit sharing contributions to the
Plan as determined by management of the Company. Effective January 1, 2006,
Company contributions may be made in cash only. Prior to January 1, 2006,
Company contributions could be made in either cash or Coachmen Industries, Inc.
common stock. Participants may contribute up to 50% of their annual compensation
to the Plan, not to exceed limits established by the Internal Revenue Service or
those limits imposed by discrimination testing. Participants who qualify may
also make annual catch-up contributions to the Plan. Participant account
balances are invested in various funds available to the Plan as directed by the
participantsor
are invested in the Plan’s default fund in the absence of participant directive.
Profit sharing contributions are allocated to participants based on
compensation.





Participant Accounts:
Each participant's account is credited with the participant's contributions and
an allocation of (a) the Company's contribution and (b) Plan earnings, net of
applicable administrative expenses. Allocations of the Company's contributions
are based on annual compensation. Allocations of Plan earnings are based on
account balances, as defined. The benefit to which a participant is entitled is
the benefit that can be provided from the participant's account.





Loan Provisions:
Participants may borrow from their fund accounts a minimum of $1,000 up to a
maximum of $50,000 or 50 percent of the participant vested account balance,
whichever is less. The loans are secured by the balance in the participant’s
account and bear interest at rates which are commensurate with local prevailing
rates as determined by the Plan administrator.






(Continued)





4.
 Index




COACHMEN
INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES TO
FINANCIAL STATEMENTS
 December
31, 2007 and 2006









NOTE 1 – PLAN DESCRIPTION(Continued)





Vesting: Participants
are immediately vested in their voluntary contributions plus actual earnings
therein. Vesting in the remainder of their accounts is based on years of
credited service. A participant is 20% vested after the first year with an
additional 20% vesting each year thereafter until fully vested. Participants
become 100% vested in the event of death, disability or retirement at the normal
retirement date.





Payment of Benefits:
Upon termination of service, a participant may elect to receive a lump-sum
amount equal to the value of his or her account. Withdrawals other than for
termination are permitted under circumstances provided by the Plan. Included in
net assets available for benefits are amounts allocated to individuals who have
elected to withdraw from the Plan but have not been paid. Amounts allocated to
these individuals aggregated $23,925 and $13,321 at December 31, 2007 and
2006, respectively.





Forfeitures: Upon
termination, participant nonvested amounts are forfeited to the Plan and are
used to reduce future Employer matching contributions. As of December 31, 2007
and 2006, there were $134,034 and $90,459, respectively, of forfeitures
available to reduce future Employer contributions. During the years ended
December 31, 2007 and 2006, $92,218 and $61,253, respectively, of forfeitures
were used to reduce Employer matching contributions.





NOTE
2 – ACCOUNTING POLICIES





The
following is a summary of the significant accounting policies followed in the
preparation of the Plan's financial statements:





Basis of Accounting:
The financial statements are prepared using the accrual basis of
accounting.





Valuation
of Investments: Investments are reported at fair value. The fair values
of investments in the pooled separate accounts are determined by quoted market
prices of the underlying mutual funds and Coachmen Industries, Inc. common stock
are determined by quoted market prices. The fair value of the Plan’s interest in
the Great-West Guaranteed Portfolio Fund, which is a fully benefit-responsive
contract, has been estimated based on a discounted cash flows
methodology using a rate of interest as of the financial statement date
that reflects a market rate of interest for a contract with similar terms and
credit risk (See NOTE 4). The fair value of
investments in the Principal S&P 500 Index Fund is based upon the net asset
values of the fund, as reported by the custodian.  The fair value of
the Plan’s interest in the ABN AMRO Income Plus Fund is based upon the net asset
values of the fund reflecting all investments at fair value, including direct
and indirect interests in fully benefit-responsive contracts, as reported by the
fund managers. Participant loans are valued at cost which approximates fair
value. Purchases and sales of securities are recorded on a trade-date basis. The
cost of investments sold is determined using the average cost method. Interest
income is recorded on the accrual basis. Dividends are recorded on the ex-dividend
date.




Fully
Benefit-Responsive Investment Contracts: The Plan reports its direct and
indirect interests in fully benefit-responsive investment contracts at fair
value in the investments caption of the statements of net assets available for
benefits. In addition, any material difference between the fair value of these
investments and their contract value is presented as a separate adjustment line
in the statement of net assets available for benefits, because contract value
remains the relevant measurement attribute for that portion of net assets
available for benefits attributable to fully benefit-responsive investment
contracts. Management has determined that the estimated fair value of the Plan's
indirect investment in the ABN AMRO Income Plus Fund as of December 31, 2006 and
the estimated fair value of the Plan's investment contract with Great West Life
& Annuity Insurance Company as of December 31, 2007 (the Guaranteed
Portfolio fund) approximate contract value. Accordingly, the statements of net
assets available for benefit reflect no adjustment for the difference between
net assets at fair value and net assets available for
benefits.




(Continued)





5.
 Index




COACHMEN
INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES TO
FINANCIAL STATEMENTS
 December
31, 2007 and 2006









NOTE 2 – ACCOUNTING POLICIES(Continued)





The Plan
presents in its statements of changes in net assets available for benefits the
net appreciation (depreciation) in the fair value of its investments, which
consists of realized gains or losses and unrealized appreciation (depreciation)
on those investments.





Contributions:
Contributions from participants, including any related Employer matching
contributions, are recorded in the period the Employer withholds payroll
deductions from Plan participants.





Payment of Benefits:
Benefits are recorded when paid.





Use of Estimates in the
Preparation of Financial Statements: The preparation of financial
statements in conformity with U.S. (United States) generally accepted accounting
principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and the reported amounts
of additions to and deductions from net assets available for benefits during the
reporting period. Actual results could differ from those estimates.





Risks and
Uncertainties: The Plan provides for various investment options in any
combination of Coachmen Industries, Inc. common stock, common collective trust
funds and mutual funds. The underlying investment securities are exposed to
various risks, such as interest rate, market and credit. Due to the level of
risk associated with certain investment securities and the level of uncertainty
related to changes in the value of investment securities, it is at least
reasonably possible that changes in risks in the near term could materially
affect participants' account balances and the amounts reported in the statements
of net assets available for benefits and the statements of changes in net assets
available for benefits.





Effect of Newly Issued But
Not Yet Effective Accounting Standards: In September 2006, the FASB
issued Statement No. 157, Fair
Value Measurements. This Statement defines fair value, establishes a
framework for measuring fair value and expands disclosures about fair value
measurements. This Statement establishes a fair value hierarchy about the
assumptions used to measure fair value and clarifies assumptions about risk and
the effect of a restriction on the sale or use of an asset. The standard is
effective for fiscal years beginning after November 15, 2007. In February 2008,
the FASB issued Staff Position (FSP) 157-2,Effective Date of FASB Statement
No. 157.This FSP delays the effective date of FAS 157 for all
nonfinancial assets and nonfinancial liabilities, except those that are
recognized or disclosed at fair value on a recurring basis (at least annually)
to fiscal years beginning after November 15, 2008, and interim periods within
those fiscal years. The impact of adoption of FASB Statement No. 157 on the
Plan’s net assets available for benefits and changes in net assets available for
benefit is not anticipated to be material.






(Continued)








6.
 Index






COACHMEN
INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES
TO FINANCIAL STATEMENTS
 December
31, 2007 and 2006










NOTE 2 – ACCOUNTING POLICIES(Continued)





In
February 2007, the FASB issued Statement No. 159, The Fair Value Option for Financial
Assets and Financial Liabilities. The standard provides reporting
entities with an option to report selected financial assets and liabilities at
fair value and establishes presentation and disclosure requirements designed to
facilitate comparisons between reporting entities that choose different
measurement attributes for similar types of assets and liabilities. The new
standard is effective for the Plan on January 1, 2008. The Plan did not elect
the fair value option for any financial assets or financial liabilities as of
January 1, 2008.





NOTE
3 – INVESTMENTS





The
following investments, at fair value, were 5% or more of the Plan's net assets
at December 31, 2007 and 2006:




2007
            
            
            2006Alliance
      Bernstein 2020 Retirement STR A
            $
            1,644,369
            
            
            $
            -STI
      Classic International Equity Index
            
            3,534,487
            
            
            
            -Royce
      Value Plus Service
            
            3,360,237
            
            
            
            -American
      Funds Growth Fund R4
            
            5,336,501
            
            
            
            -Vanguard
      500 Index Signal
            
            2,066,465
            
            
            
            -Pioneer
      Cullen Value Y
            
            2,759,685
            
            
            
            -Great
      West Guaranteed Portfolio Fund
            
            2,944,827
            
            
            
            -ABN
      AMRO Income Plus Fund
            
            -
            
            
            
            2,638,734Pimco
      Total Return Fund
            
            1,836,956
            
            
            
            1,787,295Principal
      S&P 500 Index Fund
            
            -
            
            
            
            2,139,219Columbus
      Circle Large Cap Growth
            
            -
            
            
            
            4,702,132STI
      Small Cap Growth I Fund
            
            -
            
            
            
            3,141,315Dodge
      & Cox Stock Fund
            
            -
            
            
            
            2,907,340Julius
      Baer International Equity Fund
            
            -
            
            
            
            2,828,370Principal
      Investors Lifetime 2020 Preferred Fund
            $
            -
            
            
            $
            1,472,820





During
the years ended December 31, 2007 and 2006, the Plan's investments (including
investments bought, sold, and held during the year) appreciated (depreciated) in
value as follows:




2007
            
            
            2006Pooled
      separate accounts
            $
            417,614
            
            
            $
            -Mutual
      funds
            
            -
            
            
            
            1,161,507Common
      trust funds
            
            309,965
            
            
            
            430,382Coachmen
      Industries, Inc. common stock
            
            (325,878
            )
            
            
            (43,388
            )$
            401,701
            
            
            $
            1,548,501






(Continued)






7.
 Index






COACHMEN
INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES
TO FINANCIAL STATEMENTS
 December
31, 2007 and 2006










NOTE 4 – INVESTMENT (ANNUITY) CONTRACT WITH INSURANCE
COMPANY





Effective
October 1, 2007, the Plan entered into a fully benefit-responsive annuity
contract with Great-West Life & Annuity Insurance Company (Great-West or
Issuer). Great-West maintains the contributions in its general account.
Great-West’s general account is credited with earnings and is charged for
participant withdrawals and administrative expenses. Participants may direct the
withdrawal or transfer of all or a portion of their investments at contract
value. There are no reserves against contract value for credit risk of the
Issuer or otherwise.





The
Plan's investment contract specifies certain conditions under which
distributions from the contract would be payable at amounts below contract
value. Such circumstances include Plan termination, Plan merger, premature
contract termination initiated by the Company, and certain other
Company-initiated events that result in distributions exceeding a set amount.
Currently, management believes that the occurrence of an event that would cause
the Plan to transact contract distributions at less than contract value is not
probable.





The
crediting interest rate of the contract is based on the earnings of the
underlying assets in the Issuer’s entire medium-long new portfolio and
prevailing market conditions. The interest crediting rate is reset
quarterly.





Average
      yields:
            
            2007Based
      on annualized earnings (1)
            
            3.77
      %Based
      on interest rate credited to participants (2)
            
            3.77
      %(1)
            Computed
      by dividing the annualized one-day actual earnings of the contract on the
      last day of the Plan year by the fair value of the contract investments on
      the same date.(2)
            Computed
      by dividing the annualized one-day earnings credited to participants on
      the last day of the Plan year by the fair value of the contract
      investments on the same date.





NOTE
5 – PLAN TERMINATION





Although
it has not expressed any intent to do so, the Company has the right under the
Plan to terminate the Plan subject to the provisions of the Internal Revenue
Code (“IRC”) and ERISA. In the event of Plan termination, participants will
become fully vested in their accounts.





NOTE
6 – TAX STATUS AND REPORTING





The Plan,
which the Company has adopted, is a prototype non-standardized profit sharing
plan and the Internal Revenue Service determined and informed the sponsor of the
prototype by a letter dated November 27, 2001 that the prototype plan, as then
designed, was in accordance with applicable sections of the IRC.
Although the Plan has been amended, the Company believes that the Plan is
currently designed and operated in compliance with the applicable requirements
of the IRC.






(Continued)






8.
 Index






COACHMEN
INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES TO
FINANCIAL STATEMENTS
 December
31, 2007 and 2006










NOTE 6 – TAX STATUS AND REPORTING(Continued)





The
following is a reconciliation of net assets available for benefits per the
accompanying financial statements at December 31, 2007 and 2006 to Form
5500:





2007
            
            
            2006Net
      assets available for benefits per the financial statements
            $
            28,887,918
            
            
            $
            26,984,727Certain
      deemed distributions of participant loans
            
            -
            
            
            
            -Net
      assets available for benefits per the Form 5500
            $
            28,887,918
            
            
            $
            26,984,727





The
following is a reconciliation of net increase (decrease) in net assets available
for benefits per the accompanying financial statements for the years ended
December 31, 2007 and 2006 to Form 5500:





2007
            
            
            2006Net
      increase (decrease) in net assets available for benefits per the financial
      statements
            $
            1,903,191
            
            
            $
            (2,200,104
            )Add:Amounts
      reported as distributions, prior year
            
            -
            
            
            
            2,164Net
      increase (decrease) in net assets available for benefits per the Form
      5500
            $
            1,903,191
            
            
            $
            (2,197,940
            )






(Continued)


9.
 Index




COACHMEN
INDUSTRIES, INC. RETIREMENT PLAN AND TRUST
 NOTES TO
FINANCIAL STATEMENTS
 December
31, 2007 and 2006








NOTE
7 – PARTIES-IN-INTEREST TRANSACTIONS





Parties-in-interest
are defined under Department of Labor regulations as any fiduciary of the Plan,
any party rendering service to the Plan, the Employer and certain others. The
Company provides certain accounting, recordkeeping and administrative services
to the Plan for which it receives no compensation. Fees paid by the Plan to
Principal Financial Group, trustee of the plan from December 9, 2005 thru
September 30, 2007, were $28,789 and $35,718 for the years ended December 31,
2007 and 2006, respectively. Cash dividends of $4,214 and $13,754 were
paid to the Plan by Coachmen Industries, Inc. for 2007 and 2006,
respectively.





The Plan
held the following party-in-interest investments:





2007
            
            
            2006Coachmen
      Industries, Inc.
            
            Common
      stock(68,335
      shares and 65,217shares
      at December 31,2007
      and 2006, respectively)
            $
            406,682
            
            
            $
            761,021Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2000 Retirement STR A
            
            104,979
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2010 Retirement STR A
            
            1,046,425
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2015 Retirement STR A
            
            4,603
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2020 Retirement STR A
            
            1,644,369
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2025 Retirement STR A
            
            17,032
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2030 Retirement STR A
            
            933,175
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2035 Retirement STR A
            
            3,457
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2040 Retirement STR A
            
            701,348
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2045 Retirement STR A
            
            12,960
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2050 Retirement STR A
            
            292,860
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Alliance
      Bernstein 2055 Retirement STR A
            
            12,140
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Pimco
      Funds Total Return Fund
            
            1,836,956
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            STI
      Classic International Equity Index
            
            3,534,487
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Royce
      Value Plus Service
            
            3,360,237
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Columbia
      Small Cap Value I Fund A
            
            919,249
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            American
      Funds Growth Fund R4
            
            5,336,501
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Vanguard
      500 Index Signal
            
            2,066,465
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Pioneer
      Cullen Value Y
            
            2,759,685
            
            
            
            -Great-West
      Life & Annuity Insurance Company
            
            Guaranteed
      Portfolio Fund
            
            2,944,827
            
            
            
            -Principal
      Global Investors
            
            S&P
      500 Index Fund
            
            -
            
            
            
            2,139,219Principal
      Global Investors
            
            Lifetime
      Str Inc Pref Fund
            
            -
            
            
            
            104,750Principal
      Global Investors
            
            Lifetime
      2050 Pref Fund
            
            -
            
            
            
            113,047Principal
      Global Investors
            
            Lifetime
      2040 Pref Fund
            
            -
            
            
            
            586,220Principal
      Global Investors
            
            Lifetime
      2030 Pref Fund
            
            -
            
            
            
            751,115Principal
      Global Investors
            
            Lifetime
      2020 Pref Fund
            
            -
            
            
            
            1,472,820Principal
      Global Investors
            
            Lifetime
      2010 Pref Fund
            
            -
            
            
            
            1,048,080Participants
            
            Participant
      loans
            $
            949,481
            
            
            $
            947,417







10.
 Index


































SUPPLEMENTAL
SCHEDULE



































Index


COACHMEN INDUSTRIES, INC. RETIREMENT PLAN AND
TRUST


SCHEDULE
H, LINE 4i – SCHEDULE OF ASSETS (HELD AT END OF YEAR)
 December
31, 2007




Name of
Plan
Sponsor:                                         Coachmen Industries,
Inc.


Employer
Identification Number:    35-1101097


Three-Digit
Plan
Number:                                                        001


(a)
            (b)
              Identity
      of Issuer, Borrower, Lessoror Similar Party
            (c)
              Description
      of Investment, including Maturity Date, Rate
      of Interest, Par or Maturity
      Value
            (d)
              Cost
            (e)
              Fair ValuePooled
      Separate Accounts*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2000 Retirement STR A (9,193 units)
            #
            $
            104,979*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2010 Retirement STR A (89,361 units)
            #
            
            1,046,425*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2015 Retirement STR A (384 units)
            #
            
            4,603*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2020 Retirement STR A (135,450 units)
            #
            
            1,644,369*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2025 Retirement STR A (1,359 units)
            #
            
            17,032*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2030 Retirement STR A (74,714 units)
            #
            
            933,175*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2035 Retirement STR A (275 units)
            #
            
            3,457*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2040 Retirement STR A (55,094 units)
            #
            
            701,348*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2045 Retirement STR A (1,027 units)
            #
            
            12,960*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2050 Retirement STR A (29,082 units)
            #
            
            292,860*
            Great-West
      Life & Annuity Insurance Company
            Alliance
      Bernstein 2055 Retirement STR A (1,244 units)
            #
            
            12,140*
            Great-West
      Life & Annuity Insurance Company
            Pimco
      Funds Total Return Fund (171,839 units)
            #
            
            1,836,956*
            Great-West
      Life & Annuity Insurance Company
            STI
      Classic International Equity Index (180,699 units)
            #
            
            3,534,487*
            Great-West
      Life & Annuity Insurance Company
            Royce
      Value Plus Service (243,319 units)
            #
            
            3,360,237*
            Great-West
      Life & Annuity Insurance Company
            Columbia
      Small Cap Value I Fund A (21,171 units)
            #
            
            919,249*
            Great-West
      Life & Annuity Insurance Company
            American
      Funds Growth Fund R4 (158,071 units)
            #
            
            5,336,501*
            Great-West
      Life & Annuity Insurance Company
            Vanguard
      500 Index Signal (18,510 units)
            #
            
            2,066,465*
            Great-West
      Life & Annuity Insurance Company
            Pioneer
      Cullen Value Y (130,667 units)
            #
            
            2,759,685Total
      pooled separate accounts
            
            
            24,586,928Guaranteed
      Investment Contract*
            Great-West
      Life & Annuity Insurance Company
            Guaranteed
      Portfolio Fund, contract number 385026-01
            #
            
            2,944,827Common
      Stock*
            Coachmen
      Industries, Inc.
            Coachmen
      Industries, Inc. common stock (68,335 shares)
            #
            
            406,682Total
      investments
            
            
            27,938,437Participant
      Loans*
            Participant
      loans
            $949,481
      principal amount, interest ranging from 5.25% to 8.25%, with various
      maturity dates
            
            
            949,481Total
            
            $
            28,887,918




*  Party-in-interest
 #  Form
5500 does not require cost information for participant-directed
investments  11.