Albany International Corp.

Overview

Albany International Corp. (Albany) is engaged in the textiles and materials processing business. It produces custom-designed fabrics and belts that are used in the production of paper, nonwovens, and other process industries. It also supplies engineered fabrics and belts for process industries such as corrugators, nonwovens, building products, tannery and textile. In addition, Albany offers automated material placement, braiding, 3D laminated composite structures, thermoplastic pultrusion and filament winding for the commercial and defense aerospace industries. The company has an operational presence in North America, Europe and Asia-Pacific. Albany is headquartered in Rochester, New Hampshire, the US
Key Stats
Address
216 Airport Dr, ROCHESTER, New Hampshire
Headquarters

United States of America

Contact

1 603 3305850

Website
www.albint.com
No of Employees

4,000

Industry

Industrial Goods and Machinery

Ticker Symbol & Exchange​

AIN [NYSE]

Revenue (2020)

$901 m

-14.5% (2020 vs 2019)
Net Income (2020)

$99 m

-25.2% (2020 vs 2019)
Net Profit Margin

11 %

-12.8% (2020 vs 2019)
Market Cap *

$2,536 m

EPS *

$3

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Albany International Corp.Triumph Group IncBarnes Group Inc
Key Information
Headquarters United States of America United States of America United States of America
Headquarter City ROCHESTER BERWYN BRISTOL
Headquarter State/Province New Hampshire Pennsylvania Connecticut
No. of Employees 4,000 1,247 5,000
Entity Type Public Public Public

Products & Services

Albany is an operator of textiles and materials processing. The key products offered by the company include the following:

Products
  • Paper Machine Clothing
  • Engineered Fabrics and Belts
  • Consumable Fabrics
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Erland E. Kailbourne Chairman Executive Board 2020 79 Mr. Erland E. Kailbourne has been the Chairman of Albany International Corp since May 2008. He also served as the...
A. William Higgins President; Chief Executive Officer Senior Management 2020 62 Mr. William Higgins has been the president and Chief Executive Officer of the company since 2020. Prior to this role,...
Stephen M. Nolan Treasurer; Chief Financial Officer Senior Management 2019 51 Mr. Stephen M. Nolan has been the Chief Financial Officer and Treasurer of Albany International Corp since 1st April 2019....
Robert A Hansen Senior Vice President; Chief Technology Officer Senior Management 2010 63 Mr. Robert A Hansen has been the Chief Technology Officer and Senior Vice President at Albany International (Albany) since 2010....
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2021 Contracts/Agreements In July, the company's subsidiary, Albany Engineered Composites entered a technical collaboration agreement with Fiber…
2020 Contracts/Agreements In July, the company's subsidiary Albany Engineered Composites signed an agreement with The Boeing Co…
2019 Acquisitions/Mergers/Takeovers In November, the company acquired CirComp GmbH, a developer and manufacturer of high-performance composite components.
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2014 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Albany International Tecidos Tecnicos Ltda.

Address

Caixa Postal 141, 89130-000- Indaial
Brazil

Telephone

55 47 3333 7500

Albany International Italia S.r.l.

Address

Via Stazione 80/Q, Ballo di Mirano
Italy

Telephone

39 041 5135211

Website

www.albanyitalia.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
20 Nov 2019 Albany International Acquires CirComp Acquisition Albany International Corp. CirComp GmbH
28 May 2019 Albany International Raises USD109.88 Million in Public Offering of Class A Common Stock Equity Offering Albany International Corp.
29 Feb 2016 Albany International Acquires Aerostructures Business of Harris Asset Transaction Albany International Corp. Harris Corp (Inactive)
29 Feb 2016 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
08 Nov 2013 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
02 May 2012 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

35

Active Jobs

17

Posted

24

Closed

Job Trends

Latest Jobs

Job title Company Country
PLM Systems Analyst Albany International Corp. United States
Composite Technician I Albany International Corp. United States
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar