Albany International Corp.
| New York Stock Exchange: AIN
Albany International Corp. is a textiles and materials processing company. It is a producer of custom-designed fabrics and belts essential to the production of paper and paperboard. The company operates through two business segments: Machine Clothing and Engineered Composites. The Machine Clothing segment is comprised of two main product areas, paper machine clothing and engineered fabrics. Paper machine clothing is purchased primarily by manufacturers of paper and paperboard. Engineered Fabrics manufactures products similar to PMC, but for customers in industries other than paper. The Engineered Composites segment provides custom-designed advanced composite structures based on proprietary technology to customers in the aerospace and defense industries. The company was founded in 1895 and is headquartered in Rochester, NH.