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Albany International Corp.

AIN

$93.85

+ $4.87 (5.47%) This month

Closed: 1 Mar 2024 21:00 US/Eastern

Key details

CEO

A. William Higgins

Employees

1,888

Headquarters

Rochester, US

Sector

Manufacturing

Industry

Broadwoven Fabric Mills

About Albany International Corp.

albany international is a global advanced textiles and materials processing company with two core businesses. machine clothing (mc) is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. mc has a global market share of approximately 30%, compared to 15% estimated share for the next largest competitor. albany engineered composites (aec ) is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. aec is the sole supplier of fan blades, fan cases and other advanced composite components for the cfm leap engine; current estimates for annual leap production rates are approximately 1600 engines by the end of the decade, for which aec will deliver approximately 100,000 parts per year. albany international is headquartered in rochester, new hampshire, and operates 18 plants in 11 countries (united states, canada, mexico, brazil, france, united kingdom, germany, italy,

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