Founded in 1895, the Company is headquartered in Albany, New York, and employs approximately 6,100 people worldwide. Our manufacturing operations are strategically located to serve our global customers.
Albany International is recognized as the industry's technological leader. A strong investment in research and development has resulted in the successful introduction of breakthrough products that provide innovative solutions for our customers' challenges.
We are committed to advancing our technology, customer service, and product quality and delivering these capabilities to the industries we serve in the most effective and efficient manner possible. Through the Albany Value Concept, we are matching products and services to customer needs. Delivering value, as defined by measurable financial improvement for the customer, is the highest priority of the entire Albany team. Albany International trades on the New York Stock Exchange under the symbol AIN and is a component of the S&P SmallCap 600 Index.
- Core Competency
The Company's core business is the world's largest producer of custom-designed engineered fabrics and process belts, called paper machine clothing (PMC). These consumable fabrics are used to manufacture all grades of paper from lightweight paper to heavyweight containerboard. PMC fabrics are essential to the papermaking process and are manufactured from monofilaments, multifilaments, and synthetic fiber materials.
- Strategic Diversification
In its family of emerging businesses, Albany applies the technologies of paper machine clothing to the development of unique materials and structures for a variety of other industries. These include composite structures for the aerospace industry, belting for corrugator and tannery applications, filtration products for alumina and power generation requirements, high-performance industrial doors, specialty fabrics for nonwovens, pulp, and fiber cement manufacturers, and PrimaLoft patented "synthetic down" insulation for the technical outerwear and home furnishings markets.
Vision
Our vision is to transform Albany International into a family of advanced textiles and materials processing businesses.
Mission
Our mission is to become the total leader in each market we serve--delivering the best products and service with the highest quality and shortest delivery times--while striving to achieve the lowest possible cost of operations.
Objective
Our objective is to grow our profits in paper machine clothing, to grow profitably our family of emerging businesses, and through both, to substantially increase cash flow, earnings, and value for our shareholders.