70.01
+4.06%
Close of 9 Nov 2026, in USD
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About Albany International
From its filings with the US Securities and Exchange Commission
Albany International is based in Rochester, New Hampshire and is incorporated in Delaware. Its shares trade on NYSE under the ticker AIN. The SEC classifies its business as broadwoven fabric mills, man made fiber & silk. In the fiscal year to 31 December 2025, it reported revenue of $1.18bn and a net loss of $57.3m. At that date it held total assets of $1.72bn and shareholders' equity of $726.2m. By region, United States accounted for 53.9%, followed by Switzerland at 9.4% and Other countries at 7.7%.
The Company operates under two business segments: Machine Clothing and Albany Engineered Composites. Following is a table of Net revenues by segment for years ended December 31, 2025, 2024, and 2023.
The Machine Clothing (“MC”) segment is the world’s leading producer of custom-designed fabrics and high-speed process belts critical in the manufacture of all grades of paper products characterized primarily as Paper Machine Clothing (“PMC”). MC supplies highly engineered consumable permeable, and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, and pulp, referred to in the industry as “machine clothing” or “paper machine clothing.” The MC segment also supplies Engineered Fabric (“EF”) products that provide solutions for nonwovens, fiber cement and several other industrial applications.
PMC Products: We design, manufacture, and market paper machine clothing for each section of the paper machine and for every grade of paper. Paper machine clothing products are customized, consumable products of technologically sophisticated design that utilize polymeric materials in a complex structure. The design and material composition of paper machine clothing can have a considerable effect on the quality of paper products produced and a meaningful effect on the energy and resource efficiency of the paper machines on which it is used. Principal paper machine clothing products include forming, pressing, and drying fabrics, and process belts. PMC product revenues accounted for more than 80% of MC’s segment Net revenues.
Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 30 Sept 1987
- Employees
- 5,700
- Website
- albint.com ↗
- Head office
- 216 AIRPORT DRIVE, ROCHESTER, NH, 03867
- Incorporated in
- DE
- Classification
- Broadwoven Fabric Mills, Man Made Fiber & Silk
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. John ScannellIndependent Chairman of the Board$312,334
- Mr. Gunnar KlevelandPresident, Chief Executive Officer, Director, since 2023$3.9m
- Mr. Willard StationPrincipal Financial Officer, Executive Vice President
- Mr. Jairaj ChetnaniInterim Chief Financial Officer, Vice President - Investor Relations, Treasurer
- Mr. Merle SteinPresident - Machine Clothing$1.4m
- Mr. Christopher StonePresident - Albany Engineered Composites$2.9m
- Ms. Suzanne PurdumChief Human Resources Officer
- Mr. Robert HansenSenior Vice President, Chief Technology Officer, since 2010$743,944
- Mr. Sean ValashinasVice President, Controller, Principal Accounting Officer
- Mr. Joseph GaugVice President, General Counsel, Secretary$1.3m
- Ms. Christina AlvordIndependent Director$239,500
- Mr. Kenneth KruegerIndependent Director$249,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 60
- Environment
- 52
- Social
- 87
- Governance
- 42
- Direct emissions (scope 1)
- 31,085 t
- Energy emissions (scope 2)
- 55,588 t
- Value chain emissions (scope 3)
- 730,702 t
- Women in the workforce
- 27%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Albany International Corp boasts several significant strengths in its operations and market positioning. These include:
- Despite its strengths, Albany International Corp faces certain weaknesses that could hinder its growth and competitiveness, including:
- Albany International Corp can leverage the following opportunities to further enhance its market position and profitability:
- Albany International Corp should be mindful of the following threats that could negatively impact its business:
Weaknesses
- Despite its strengths, Albany International Corp faces certain weaknesses that could hinder its growth and competitiveness, including:
- Albany International Corp can leverage the following opportunities to further enhance its market position and profitability:
- Albany International Corp should be mindful of the following threats that could negatively impact its business:
Opportunities
- Albany International Corp can leverage the following opportunities to further enhance its market position and profitability:
- Albany International Corp should be mindful of the following threats that could negatively impact its business:
Threats
- Albany International Corp should be mindful of the following threats that could negatively impact its business:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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