News
AIN
88.08
+0.58%
0.51
Weekly Report: what happened at AIN last week (0415-0419)?
Weekly Report · 3d ago
Albany International Affiliate to Discontinue Manufacturing Operations in South Korea
Albany International Korea plans to discontinue manufacturing at its operations in South Korea. The company says it will transfer production to other facilities by July. The South Korea affiliate says the move is driven by market conditions. The 76 affected employees will be offered separation and outplacement assistance.
Dow Jones · 6d ago
ALBANY INTERNATIONAL CORP - 76 AFFECTED MANUFACTURING EMPLOYEES WILL BE OFFERED SEPARATION AND OUTPLACEMENT ASSISTANCE
Reuters · 6d ago
ALBANY INTERNATIONAL ANNOUNCES DISCONTINUATION OF MANUFACTURING CAPACITY IN SOUTH KOREA
Reuters · 6d ago
Albany International Announces Discontinuation of Manufacturing Capacity in South Korea
Albany International Korea, Inc. Announced its plan to discontinue manufacturing at its operations in Chungju, South Korea. The company will transfer production to other Albany International manufacturing facilities. The 76 affected employees will be offered separation and outplacement assistance. The action will enable the company to align forming fabric capacity with local market demand.
Barchart · 6d ago
Press Release: Albany International Schedules Earnings Release Date
Albany International Corp. Will release 2024 first-quarter results Monday, April 29, 2024. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Tuesday, April 30. Albany International is a leading developer and manufacturer of engineered components.
Dow Jones · 04/15 20:20
Albany International Schedules Earnings Release Date
Albany International Corp. Will release 2024 first-quarter results Monday, April 29, 2024 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Tuesday, April 30. Albany International is a leading developer and manufacturer of engineered components.
Barchart · 04/15 15:20
Weekly Report: what happened at AIN last week (0408-0412)?
Weekly Report · 04/15 09:02
Albany International (NYSE:AIN) Has A Pretty Healthy Balance Sheet
Albany International Corp. Has US$456.9m of debt on its balance sheet. The company's net debt is only 1.1 times its EBITDA. It has a good ability to cover its interest expense with its free cash flow. We look at the company's use of debt to see if it is a risk to investors. Albany International's debt is less than half its total debt.
Simply Wall St · 04/12 11:36
Weekly Report: what happened at AIN last week (0401-0405)?
Weekly Report · 04/08 09:02
AIN Makes Notable Cross Below Critical Moving Average
NASDAQ · 04/02 14:56
Weekly Report: what happened at AIN last week (0325-0329)?
Weekly Report · 04/01 09:02
Dividend Champion, Contender, And Challenger Highlights: Week Of March 31
Seeking Alpha · 03/31 08:49
Albany International Price Target Cut to $95.00/Share From $105.00 by B of A Securities
Dow Jones · 03/28 13:09
Albany International Cut to Underperform From Neutral by B of A Securities
Dow Jones · 03/28 13:09
B of A Securities Downgrades Albany Intl to Underperform, Lowers Price Target to $95
Benzinga · 03/28 12:59
Analysts Offer Insights on Consumer Cyclical Companies: RH (RH), Amazon (AMZN) and Albany International (AIN)
TipRanks · 03/28 09:31
Cintas (CTAS) Q3 Earnings and Revenues Surpass Estimates
NASDAQ · 03/27 13:40
Analysts Offer Insights on Consumer Cyclical Companies: OneSpaWorld Holdings (OSW), International Paper Co (IP) and Albany International (AIN)
TipRanks · 03/27 12:40
Albany International (NYSE:AIN) Hasn't Managed To Accelerate Its Returns
Albany International's (NYSE:AIN) return on capital employed is 12% for the last five years. The company has a 12% rate of return on its capital invested in its business. It is similar to the Machinery industry average of 13%. We are happy to see Albany International is growing its returns. But the stock has only delivered a 39% return over the last 5 years. It could be worth looking at Albany International's return on Capital employed.
Simply Wall St · 03/27 10:57
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About AIN
Albany International Corp. is a global advanced textiles and materials processing company. Its segments include Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment supplies consumable permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. It designs, manufactures, and markets paper machine clothing for each section of the paper machine and for every grade of paper. The MC segment also supplies engineered processing belts used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and textile industries. The AEC segment provides engineered, advanced composite structures to customers in the commercial and defense aerospace industries. The AEC segment includes Albany Safran Composites, LLC. AEC also supplies vacuum waste tanks for most Boeing commercial aircraft, as well as the fan case for the GE9X engine.