Company

Albany International Corp.

Headquarters: Rochester, NH, United States

Founded: March 8, 1895

Employees: 4,100

CEO: Mr. Andrew William Higgins

show_chart NYSE: AIN -0.61%

Market Cap

$3.09 Billion

USD as of Jan. 1, 2023

history Market Cap History

Albany International Corp. market capitalization over time

Evolution of Albany International Corp. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Albany International Corp.

Detailed Description

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. 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, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; 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, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Stocks & Indices

Albany International Corp. has the following listings and related stock indices.


Stock: NYSE: AIN

Stock: FSX: AII

Product & Services

Machine clothingComposite materials

Key People

Founder(s): Parker Corning Duncan Fuller Selden Marvin James W. Cox

A. William Higgins, President and Chief Executive Officer; Charles J. Silva Jr., General Counsel and Company Secretary; Stephen Nolan, CFO

Financials

Revenue: US$ 863.7 million (Net sales) (2017)

Operating income: US$76.2 million

Net income: US$ 295.8 million (2017)

Details

Headquarters:

216 Airport Drive

Rochester, NH 03867

United States

Phone: 603 330 5850

Fax: 603 994 3974