Albany International Stock Price. Everything You Need To Know About The Albany International Stock!

Albany International Corp. engages in textiles and materials processing. The company is headquartered in Rochester, New Hampshire and currently employs 4,100 full-time employees. Its segments include Machine Clothing (MC) and Albany Engineered Composites (AEC). The Machine Clothing segment supplies consumable permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. The company designs, manufactures, and markets paper machine clothing for each section of the paper machine and for every grade of paper. The MC segment also supplies engineered processing belts used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and textile industries. The Albany Engineered Composites segment provides highly engineered, advanced composite structures to customers in the commercial and defense aerospace industries. The AEC segment includes Albany Safran Composites, LLC (ASC), in which its customer, SAFRAN Group (SAFRAN), owns an interest.