Albany International (NYSE:AIN) is a global advanced textiles and materials processing company that traces its roots back to 1895, when it was founded as the Albany Felt Company. Over more than a century, the firm has evolved from a producer of felts for papermaking into a diversified industrial technology provider. Today, Albany International operates two principal business segments—Engineered Composites and Engineered Textile Technologies—serving markets that demand high-performance materials and precision manufacturing.
The Engineered Composites segment specializes in the design and production of composite structures and components for the aerospace and defense industries. Utilizing carbon fiber, resin transfer molding (RTM) processes and proprietary tooling technologies, Albany International supplies fan cases, fan blades, nacelles and other critical parts to major original equipment manufacturers (OEMs). This segment leverages advanced simulation, digital integration and materials expertise to meet stringent weight, strength and durability requirements in both commercial and military applications.
Under the Engineered Textile Technologies segment, Albany International develops and manufactures industrial fabrics, press felts, dryer fabrics and filter media for the pulp, paper and nonwoven industries. The company’s textile solutions enhance production efficiency, energy conservation and product quality at paper mills and nonwovens plants worldwide. By offering on-site services, process audits and tailored maintenance programs, this segment helps customers optimize their operations and extend the life of key assets.
Headquartered in Albany, New York, the company maintains production facilities and technical centers across North America, Europe and Asia, reflecting its commitment to global customer support and supply chain resilience. Under the leadership of President and Chief Executive Officer Scott C. Salmirs, Albany International continues to invest in research and development, digital technologies and sustainable manufacturing practices. Through strategic partnerships and a focus on innovation, the company aims to address emerging challenges in lightweight materials, energy efficiency and environmental stewardship.
