Albany International Corp.
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- Business
- Albany International Corp. (NYSE: AIN) is a leading materials science developer and manufacturer of engineered components focused on two core businesses: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment produces custom-designed, consumable fabrics and process belts essential for the forming, pressing, and drying sections of paper machines used in manufacturing all grades of paper products, including tissue, towel, pulp, and board; it also offers engineered fabrics for nonwovens, fiber cement, building products, tannery, and textile industries. The Albany Engineered Composites segment designs and manufactures advanced composite structures and components using proprietary technologies such as 3D woven composites for demanding commercial and military aerospace applications, including the CFM LEAP engine, Lockheed F-35, Sikorsky CH-53K helicopter, and Boeing 787 airliner. Founded in 1895 and headquartered in Rochester, New Hampshire, the company operates 22 plants across 10 countries, including the United States, Canada, Mexico, Brazil, Switzerland, France, and China, serving global customers in the pulp and paper industry as well as aerospace and defense sectors. In recent developments, Albany International completed the acquisition of Heimbach GmbH in 2023, enhancing its paper machine clothing capabilities through successful integration; it initiated a strategic review of its structures assembly business in Salt Lake City in October 2025, including potential sale, to refocus on differentiated advanced composite technologies; and announced a $147 million loss reserve adjustment in Q3 2025 related to cost overruns on the CH-53K program while reaching a definitive agreement to conclude the Gulfstream contract.
Company News
Albany Engineered Composites Secures Contract Extension on Boeing 787 Components
Albany International Retains Salt Lake Site After CH-53K Deal, Raises Q3 EPS Outlook
Albany International Corp. (AIN) Discusses Outcome of Strategic Review and Amended CH-53K Contract for Structures Assembly Business Transcript
Albany International Announces Successful Completion of its Strategic Review and Schedules Investors Call
Albany International CFO Willard Station to Take Medical Leave of Absence
Albany Engineered Composites to Showcase Advanced Composite Solutions at CAMX 2026
Albany Engineered Composites to Showcase Advanced Composite Solutions at CAMX 2026
Albany International Declares Dividend
Albany International Q2 Earnings Call Highlights
Albany International Corp. (AIN) Q2 2026 Earnings Call Transcript
Albany International (AIN) Q2 Earnings Surpass Estimates
Albany International Reports Second-Quarter 2026 Results
Albany International Reports Second-Quarter 2026 Results
Gabelli Funds LLC Buys 132,226 Shares of Albany International Corporation $AIN
Albany International Schedules Second-Quarter 2026 Earnings Release and Conference Call
Albany International Is Flying Too High (Downgrade)
Albany Engineered Composites and A&P Technology Partner to Accelerate Next-Generation Braided Composite Solutions
Albany Engineered Composites Engineer Rabih Mansour Authors ASM Handbook Chapter on Three-Dimensional Woven Composites
Albany Engineered Composites Engineer Rabih Mansour Authors ASM Handbook Chapter on Three-Dimensional Woven Composites
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