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Albany International Corp.AIN
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Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business.

The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, nonwovens, building products, tannery, and textiles.

This segment offers forming, pressing, and drying fabrics, as well as process belts; and engineered fabrics.

The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft.

It operates in the United States, Switzerland, Brazil, China, France, Mexico, Italy, and internationally.

The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Latest News >
Westlake Pipe & Fittings Expanding into Polyvinyl Chloride Pipe at Texas Manufacturing Facility
Westlake Pipe & Fittings Expanding into Polyvinyl Chloride Pipe at Texas Manufacturing Facility
May 23, 2024
11:07 AM EDT, 05/23/2024 (MT Newswires) -- Westlake Pipe & Fittings (WLK) early Thursday disclosed plans to add a polyvinyl chloride pipe plant at its manufacturing facility in Wichita Falls, Texas. The expansion plan includes building a new, 190,000 square-foot facility to the company's existing location, with construction slated to begin by the end of 2024. Price: 156.67, Change: -0.57,...
Market Chatter: HSBC Won't Mandate US Workers to Be in Office 5 Days a Week, Executive Says
Market Chatter: HSBC Won't Mandate US Workers to Be in Office 5 Days a Week, Executive Says
May 23, 2024
11:13 AM EDT, 05/23/2024 (MT Newswires) -- HSBC Holdings' ( HSBC ) US workers won't be compelled to be in the office five days a week unless required by new Financial Industry Regulatory Authority regulations, Bloomberg reported Thursday, citing an interview with HSBC US and Americas Chief Executive Officer Michael Roberts. We will adjust to the Finra rules, we will...
Microsoft Signs Two Power Purchase Agreements With RWE
Microsoft Signs Two Power Purchase Agreements With RWE
May 23, 2024
11:12 AM EDT, 05/23/2024 (MT Newswires) -- Microsoft ( MSFT ) has signed two 15-year power purchase agreements with RWE to buy clean electricity from two onshore wind farms in Texas, RWE said Thursday. Financial details of the agreements weren't disclosed. The construction of the 203-megawatt Lane City wind farm will begin this summer and the 243-megawatt Peyton Creek II...
Smart Share Global Regains Compliance With Nasdaq Listing Rule
Smart Share Global Regains Compliance With Nasdaq Listing Rule
May 23, 2024
11:12 AM EDT, 05/23/2024 (MT Newswires) -- Smart Share Global ( EM ) said Thursday it has regained compliance with Nasdaq's minimum bid price requirement for continued listing. The consumer tech firm said it received the compliance notice from Nasdaq on Wednesday, saying that the matter is now closed. Price: 1.09, Change: -0.02, Percent Change: -1.80 ...
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