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Albany International Corp. (AIN)
After hours:
Albany International Corp.
216 Airport Drive
Rochester, NH 03867
United States
603 330 5800
https://www.albint.com
Sector(s): Consumer Cyclical
Industry: Textile Manufacturing
Full-time employees: 5,600
Description
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.
Corporate governance
Albany International Corp.’s ISS governance QualityScore as of 1 June 2024 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 3; Compensation: 5.
