Albany International Corp
NYSE:AIN

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Albany International Corp
NYSE:AIN
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Price: 78.25 USD -4.11% Market Closed
Market Cap: 2.4B USD
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Albany International Corp
Investor Relations

Albany International Corp. carved its niche in the industrial landscape with a unique blend of textiles and technology. Originating as a paper machine clothing company, Albany International effectively catered to the pulp and paper industry, providing essential belts and fabrics that keep production lines smooth and efficient. Over time, the firm adeptly maneuvered into adjacent markets, diversifying its portfolio. Today, it prominently serves the aerospace industry through its Albany Engineered Composites division. This segment crafts high-performance composite components, pivotal for modern aircraft's demanding requirements, thereby offering a growth avenue parallel to its traditional textile business.

In its journey of transformation, Albany International leveraged its deep expertise in materials and processes to capture opportunities beyond papermaking. The aerospace division thrives by supplying to major OEMs and military contractors, benefiting from long-term contracts and high barriers to entry inherent in these sophisticated markets. Meanwhile, its legacy business continues to generate steady revenue, driven by the replacement and maintenance needs of paper and pulp mills worldwide. This dual-focus approach underpins the company's revenue stream, balancing stability with the potential for scaling in burgeoning sectors. Thus, Albany International stands as a testament to strategic adaptability, successfully bridging its historical roots with modern high-tech endeavors.

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Management

Mr. Gunnar Kleveland
President, CEO & Director
No Bio Available
Mr. Robert Daniel Starr CPA
Executive VP & CFO
No Bio Available
Mr. Joseph M. Gaug
VP, Secretary & General Counsel
No Bio Available
Mr. John J. Tedone
VP, Controller & Chief Accounting Officer
No Bio Available
Mr. Robert A. Hansen
Senior VP & CTO
No Bio Available
Mr. Jairaj T. Chetnani C.F.A.
Vice President of Investor Relations & Treasurer
No Bio Available
Susan Siegel
Vice President of Corporate Communications
No Bio Available
Suzanne Purdum
Chief Human Resource Officer
No Bio Available
Mr. Merle Stein
President of Machine Clothing
No Bio Available
Mr. Christopher Stone
President of Albany Engineered Composites
No Bio Available

Contacts

Address
NEW HAMPSHIRE
Rochester
216 Airport Dr
Contacts
+16033305850.0
www.albint.com