AIN

Albany International Corp. is a global advanced textiles and materials processing company serving customers in two business segments: Machine Clothing (engineered fabrics for paper production) and Aerospace Composites (advanced composite components for commercial and military aircraft). The Machine Clothing segment manufactures custom-designed fabrics used in papermaking machines to form, press, and dry paper products. Albany is the global leader in this market with proprietary technology and extensive customer relationships. The Aerospace segment produces lightweight composite components including engine parts, fan cases, and structural elements for commercial and military aircraft platforms. Albany works with major aerospace manufacturers including GE Aviation, Safran, and Rolls-Royce. Founded in 1895 and headquartered in Rochester, New Hampshire, Albany has evolved from a traditional textile manufacturer into a specialty materials technology company. The company benefits from its technical expertise, manufacturing capabilities, long-term customer relationships, and positions in markets with high barriers to entry. Albany generates steady cash flows from machine clothing while pursuing growth in aerospace composites driven by aircraft production and next-generation engine programs.