XNYS
AIN
Market cap1.68bUSD
Oct 08, Last price
59.43USD
1D
0.08%
1Q
-18.11%
Jan 2017
28.36%
Name
Albany International Corp
Chart & performance
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Profile
Albany International Corp., along with its various subsidiaries, specializes in the realm of textile and advanced materials processing. The company's operations are distinctly divided into two primary segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC division is responsible for the design, production, and distribution of specialized paper machine clothing, essential for the manufacturing of diverse paper products such as papers, paperboards, tissues, and towels. Beyond this, MC provides a range of technical textiles including forming, pressing, and drying fabrics, alongside process belts. These are crucial components in the production of nonwovens, fiber cement, and a variety of other industrial applications, in addition to offering other engineered fabrics. Conversely, the AEC segment focuses on developing and manufacturing cutting-edge 3D-woven and injected composite components. These advanced materials are specifically utilized in aircraft engines, as well as for airframe and engine parts across both military and commercial aviation platforms. Its global footprint extends across the United States, Switzerland, Brazil, China, France, Mexico, and numerous other international markets. Established in 1895, Albany International Corp. maintains its corporate headquarters in Rochester, New Hampshire.
Related entities
Subsidiaries (2)
Heimbach GmbH
HEIMBACH IBERICA SAU
Key people
Independent Chairman of the Board · since 2020
A. William Higgins
President, Chief Executive Officer, Director · since 2020
Daniel A. Halftermeyer
President � Machine Clothing · since 2012
Robert Alan Hansen
Senior Vice President, Chief Technology Officer · since 2010
David M. Pawlick
Vice President, Controller · since 2008
John B. Cozzolino
Chief Financial Officer, Treasurer · since 2011
Alice McCarvill
Chief Human Resource Officer, Executive Vice President - Human Resources · since 2019
Olivier M. Jarrault
President, Chief Executive Officer, Director · since 2018
John F. Cassidy
Independent Director · since 2005
Independent Director · since 2016
Katharine L. Plourde
Independent Director · since 2015
Independent Director · since 2018
Legal address
C/O UNITED AGENT GROUP INC.
1521 CONCORD PIKE
SUITE 201
WILMINGTON, DE 19803
US
1521 CONCORD PIKE
SUITE 201
WILMINGTON, DE 19803
US
Headquarters
216 Airport Drive
Rochester, NH 03867
US
Rochester, NH 03867
US
Valuation
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