Equity Overview
Price & Market Data
Price: $65.47
Daily Change: +$2.55 / 3.89%
Range: $62.60 - $65.72
Market Cap: $2,003,395,072
Volume: 202,997
Performance Metrics
1 Week: 2.31%
1 Month: -10.41%
3 Months: -18.96%
6 Months: -10.89%
1 Year: -25.24%
YTD: -18.13%
Company Details
Employees: 5400
Sector: Process industries
Industry: Textiles
Country: United States
Details
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. It operates through 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, pulps, nonwovens, building products, tannery, and textiles, as well as nonwovens, fiber cement, and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as processing belts; and engineered fabrics. Its AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It also operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.