Albany International Corp.

Albany International Corp. is a global advanced textiles and materials processing company, founded in 1895 in Albany, New York. The company's mission involves leveraging advanced technology, including 2D and 3D weaving, to innovate in materials science. Its corporate headquarters are located in Portsmouth, New Hampshire, USA.

The company operates through two primary business segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The Machine Clothing segment is a leading global producer of custom-designed fabrics and high-speed process belts essential for the manufacture of paper, paperboard, tissue, towel, pulp, nonwovens, and various other industrial applications. The Albany Engineered Composites segment designs and manufactures advanced materials-based engineered components for demanding aerospace applications, serving both commercial and military platforms, space-launch vehicles, and the emerging advanced air mobility market.

Gunnar Kleveland serves as the President and Chief Executive Officer, appointed in September 2023, with Will Station becoming Chief Financial Officer effective September 1, 2025. In recent news, Albany International reported mixed first-quarter 2026 earnings, with revenue exceeding expectations despite a slight miss on EPS. The company declared a quarterly dividend of $0.28 per share, payable on July 7, 2026. Albany International is also progressing in a collaboration with Cyclezyme AB to develop enzyme-based recycling processes for industrial textiles. The company's stock reached a 52-week high of $73.38 on June 25, 2026, reflecting positive market momentum.