Albany International Corp. engages in textile and materials processing businesses worldwide. The company operates through Machine Clothing (MC) and Albany Engineered Composites (AEC) segments. The MC segment designs, manufactures, and markets paper machine clothing. This segment offers forming, pressing, dryer fabrics, and process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries; and sells its products directly to customer end-users. The AEC segment offers composite structures based on proprietary technology to customers in the aerospace and defense industries. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.
http://www.priceseries.com/trade/AIN-Albany-Intl-Corp-stock-gains-16-percent-a-Trade-Record-by-priceSeries-2020052020200610.html
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