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Albany International Corp AIN

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Morningstar’s Analysis

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Company Profile

Business Description

Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.

Contact
216 Airport Drive
Rochester, NH, 03867
T +1 603 330-5850
Sector Consumer Cyclical
Industry Textile Manufacturing
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type Cyclical
Employees 4,000