Albany International Corp. announced today that it has completed the acquisition of Harris Corporation’s composite aerostructures division. Albany International President & CEO Joe Morone says, “All of us are delighted that the transaction has now closed and excited to welcome our newest members of the Albany family."

Albany International Corp. has agreed to acquire Harris Corporation’s composite aerostructures division for total consideration of $210 million including the assumption of a $23 million capital lease.

First flight of Boeing's 737MAX, one of the first aircraft to launch with the new LEAP aircraft engine for which AEC produces parts, will be broadcast in a webcast on January 29 starting at 9:45 AM PST.

CNBC report on new 3D composite production facility for the LEAP engine in Commercy, France

Une réplique de l’usine pour moteurs d’avions du site américain de Safran Aéro Composite et Albany Engineered Composites ouvre. (A replica AEC and Safran's collocated production efforts in Rochester, NH lands in Commercy, France.)

Top Albany, Safran, state and local leaders join together during official opening of the LEAP composite aircraft component production plant in Rochester, NH.