albany international corp. Resources | BNET
On CBS.com: Six show girls attacked

BNET Industries

Albany International Corp. (AIN) is in the Manufacturing Industry

Revenue
Dec 31 2007
$1.0B
Profit
Dec 31 2007
$17.7M
Market Cap
Oct 09 2008
$510.8M

Latest News and Analysis

Additional Resources

  • Switzerland Announces Winners of Significant Investment Projects for 2007

    Merck & Company, Albany International, Intuitive Surgical, and Johnson & Johnson to receive 'Tell Awards' During the Swiss Embassy's 7th Alumni Garden Party WASHINGTON, Sept. 18 /PRNewswire/ -- Merck & Company, Albany International, Intuitive Surgical, and Johnson & Johnson on September 24 will receive Tell Awards for...

    Articles 2008-09-18

  • Albany International Provides Update on Short-Term Prospects in the Composites Business

    ALBANY, N.Y. -- Albany International Corp. (NYSE:AIN) reported today that Eclipse Aviation, a significant customer of Albany Engineered Composites AEC, has indicated that it was substantially reducing production of the Eclipse 500 jet, and planned purchases of components from AEC and other suppliers, for the remainder of 2008 and the...

    Articles 2008-08-19

  • Albany International Reports Second-Quarter Results

    Second-Quarter Highlights * Net income per share was $0.20, after reductions of $0.47 from net restructuring charges, idle-capacity costs related to restructuring, and costs related to continuing performance-improvement initiatives. Discrete income tax adjustments reduced net income by $0.01 per share. Net income per share for Q2 2007 was...

    Articles 2008-08-04

  • Pilot safely lands after plane wheel falls off

    Four members of a Cherry Hill family were unhurt after broken landing gear on their small plane forced an emergency landing at an Albany, N.Y., airport yesterday afternoon. James Stephans was flying his wife, 13-year-old daughter, and 7-year-old son back from a vacation in the Adirondacks in a rented single-engine...

    Articles 2008-08-02

  • Albany International

    The board of directors of Albany International has elected Erland Kailbourne chairman of the board. He replaces Frank Schmeler who retired as chairman after 44 years of service to the company. Mr. Kailbourne has been a director of the company since 1999. He currently serves as chairman of...

    Articles 2008-06-01

  • Albany sells filtration business

    Albany International has sold its global Albany Filtration Technologies business to Filtration Technologies Australia at a $45 million price tag. The buyer will acquire Albany's equity ownership of Albany International Applied Technology Suzhou as well as the remaining AFT business assets, most of which are located in Australia. ...

    Articles 2008-06-01

  • Albany International reports Q1 results

    Albany International has reported quarterly financial results. Net sales from continuing operations were $273.2 million, an increase of 9% compared to the same period last year. Net sales in the engineered composites segment increased 42.6% compared to the same period last year. The quarter's operating loss was $1.8...

    Articles 2008-06-01

  • Stewart numbers down

    Stewart International Airport is putting up some attention-getting numbers, forecasting a tripling of passengers in the next 17 years, but acknowledging a 15 percent tumble from expected numbers this year. A 45-minute presentation May 6 on the airports' future by transportation analysts Charles Van Cook and Matt Lee...

    Articles 2008-05-19

  • Albany International Declares Dividend

    ALBANY, N.Y. -- The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.12 per share on the Class A and Class B Common Stock, payable on July 8, 2008, to shareholders of record on June 6, 2008. Albany International is a...

    Articles 2008-05-09

  • Albany International Corp. Names New Chairman and Vice-Chairman

    ALBANY, N.Y. -- At its regular meeting preceding the Annual Meeting of Stockholders today, the Board of Directors of Albany International Corp. (NYSE:AIN) elected Erland E. Erkie Kailbourne as Chairman of the Board. Frank R. Schmeler retired as Chairman, culminating 44 years of outstanding service to the Company. ...

    Articles 2008-05-09

  • Albany International Announces Sale of Filtration Business

    ALBANY, N.Y. -- Albany International Corp. (NYSE:AIN) announced today that it had agreed to sell its global Albany Filtration Technologies ("AFT") business to All Filtration Technologies Australia Pty Ltd. for $45 million, subject to contractual closing adjustments. Under the terms of the agreement, the buyer will acquire Albany's equity ownership...

    Articles 2008-05-04

  • Albany International Reports First-Quarter Results

    ALBANY, N.Y. -- First-Quarter Highlights * Net loss per share was $0.05, after reductions of $0.36 from net restructuring charges, idle-capacity costs related to restructuring, and costs related to continuing performance-improvement initiatives. Discrete income tax adjustments reduced net income by $0.13 per share. Net income per share for...

    Articles 2008-05-04

  • Albany International Plans Live Audio Webcast to Discuss First-Quarter 2008 Financial Results

    ALBANY, N.Y. -- Albany International Corp. (NYSE:AIN) will host a live audio webcast on Monday, May 5, 2008, to discuss first-quarter 2008 financial results, which will be announced on May 5, 2008, at 7:00 a.m. Eastern Time. [TABLE OMITTED] About Albany International Corp. Albany International is...

    Articles 2008-04-22

  • Albany International Announces Closure of Mansfield, Massachusetts, Facility

    ALBANY, N.Y. -- Albany International Corp. (NYSE:AIN) announced today that it plans to shut down its Mansfield, Massachusetts, facility, and consolidate its technical and manufacturing operations located there into other facilities in Europe and North America. The Mansfield closure, which will affect approximately 80 employees,...

    Articles 2008-04-10

  • School Without Walls Pushes the Envelope, The

    Now involving four partners, this training model recognizes that a new approach to a very old problem is needed We cannot solve problems by using the same kind of thinking we used when we created them" Albert Einstein. This is a very strong statement that typifies...

    Articles 2008-04-01

  • It doesn't get easier

    ONE OF THE BENEFITS OF MY WORK WITH RISI is that from time to time I write the special supplements that appear in our sister magazine, PPI. I was in Brazil in September gathering information about the massive billion dollar plus expansion/modernization at Klabin's Monte Alegre mill that included...

    Articles 2008-04-01

  • Albany International Declares Dividend

    ALBANY, N.Y. -- The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.11 per share on the Class A and Class B Common Stock, payable on April 7, 2008, to shareholders of record on March 14, 2008. Albany International is a...

    Articles 2008-02-15

  • page 1 of 1

View Related Content by Tag Close

  • Incorporated: 1895
  • CEO: Dr. Joseph G. Morone

Albany International is engaged in three business segments. Co.'s Paper Machine Clothing segment designs, manufactures, and markets paper machine clothing for each section of the paper machine. Co.'s Applied Technologies segment comprises of various products, including composite structures for aircraft and other applications; fabrics, wires, belting products for nonwovens and pulp industries; filtration products for wet and dry applications; industrial belts for tannery, textile and corrugator applications as well as synthetic insulation for home furnishings and technical outerwear (PrimaLoft®). Co.'s Albany Door Systems segment manufactures, sells, and services Rapid Roll® doors.

Key Competitors

advertisement
Albany International Corp. Company Info

Board of Directors

Mr. Frank R. Schmeler

Chairman

Mr. Thomas R. Beecher Jr.

Dr. Joseph G. Morone

Ms. Christine L. Standish

Mr. Erland E. Kailbourne

Mr. John C. Standish

Mr. Juhani Pakkala

Ms. Paula H. J. Cholmondeley

Dr. John F. Cassidy Jr.

Mr. Edgar G. Hotard

Contact Information

1373 Broadway

Albany, NY

http://www.albint.com

518 445-2200

NAICS Code

Broadwoven Fabric Mills: 313210
advertisement