Albany International Corp (AIN) company profile

Albany International Corp. develops and manufactures engineered fabrics, process belts, and composite components. The company operates through two business segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment produces consumable paper machine clothing—including forming, pressing, and drying fabrics, alongside process belts—for papermaking, as well as engineered fabrics for nonwovens and other industrial processes. Its Albany Engineered Composites segment designs and fabricates advanced structural components, such as fan blades, fan cases, and airframe parts, primarily utilizing proprietary 3D-woven and laminated composite technologies. Customers include paper and packaging manufacturers, commercial and defense aerospace contractors, space-launch vehicle programs, and government entities.

The company employs approximately 5,700 workers across North America, South America, Europe, and Asia. It operates production sites in twelve countries across its segments, including the United States, France, Germany, Mexico, Belgium, Brazil, Canada, China, Italy, Spain, Sweden, and the United Kingdom. Albany International Corp. maintains its principal executive offices in Portsmouth, New Hampshire.

Summary of the business section of Albany International's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“At our company, we are proud to employ approximately 5,700 people across North America, South America, Europe, and Asia.”