Albany International Corp. (AII)
XFRA 
NYSE Primary XFRA Summary
AII Chart
Albany International Retains Salt Lake Site After CH-53K Deal, Raises Q3 EPS Outlook
Albany International NYSE: AIN said it has completed its strategic review and will retain its Amelia Earhart Drive structures assembly facility in Salt Lake City after reaching an amended agreement with Sikorsky on the CH-53K program.
Albany International Q2 Earnings Call Highlights
Albany International NYSE: AIN reported second-quarter revenue growth and its strongest adjusted EBITDA performance in two years, driven by higher production rates in its Engineered Composites business, while Machine Clothing faced mixed regional demand and equipment-related downtime.
Albany International Corp. (AIN) Q2 2026 Earnings Call Transcript
Albany International Corp. (AIN) Q2 2026 Earnings Call Transcript
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Albany International Corp. Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Gunnar Kleveland CEO | XFRA Exchange | 012348108 CUSIP |
| US Country | 5,700 Employees | 1 Sep 2026 Last Dividend | 8 Dec 1999 Last Split | - IPO Date |
Overview
Albany International Corp. is a global company that specializes in two main areas: machine clothing and engineered composites. Founded in 1895 and based in Rochester, New Hampshire, the company has developed a strong presence both in the United States and internationally, with operations in countries such as Switzerland, France, Brazil, China, Mexico, and Germany. The company is structured into two main segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). These segments cater to a wide array of industries including paper manufacturing, nonwovens, building products, textiles, and aviation, among others. The company's long history and broad geographic footprint underscore its expertise and commitment to innovation in its field.
Products and Services
- Machine Clothing (MC)
This segment is dedicated to the design, manufacture, and marketing of paper machine clothing critical for the production of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, textiles, and various other industrial applications. The offerings include forming, pressing, and drying fabrics, alongside engineered processing belts and engineered fabrics. These products are essential for improving efficiency and production quality in paper machine operations.
- Albany Engineered Composites (AEC)
AEC specializes in the creation of advanced composite components, using technologies such as 3D-weaving and injection processes. These components find their applications in aircraft engines and composite airframe and engine components for both military and commercial aircraft. The use of advanced composites by AEC underscores the company's commitment to innovation within the aerospace industry, providing high-performance materials that contribute to the efficiency and safety of modern and future aircraft.
