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Webull provides the latest Albany Intl Corp (AIN) stock and general news. This information may help you make smarter investment decisions.
About AIN
Albany International Corp. is an advanced textiles and materials processing company. The Company operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, nonwovens, fiber cement and several other industrial applications. The MC segment also supplies engineered fabrics used in the manufacturing process in the pulp, corrugator, building products, and tannery and textile industries. It designs, manufactures, and markets paper machine clothing (used in the manufacturing of paper, paperboard, tissue and towel) for each section of the paper machine and for every grade of paper. The Albany Engineered Composites segment includes Albany Safran Composites, LLC, in which its customer SAFRAN Group owns interest, provides engineered, advanced composite structures to customers in the commercial and defense aerospace industries.