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Albany International (AIN) Company Profile

Updated May 3, 2019
Albany International has the following business profile:
Company's Full Name:Albany International Corporation
Short Name:Albany International
Trading Ticker Symbol:AIN
Primary Exchange:NYSE
Headquarter City/Country:New York, NY
Primary Industry Sector:Basic Industries
Seconday Sub-sector:Textiles
Main Business Areas: Basic Industries, Textiles, Consumer Cyclical, Textile Manufacturing
Dividend Payments:Dividend History

Market and Trading Information for Albany International

The following details were available for trading and market data about the stock of Albany International as of writing:
Current Share Price:$79.86
Previous Year's Closing Price:$62.43
Percentage Price Change (YTD):27.92%
Market Cap:$2.58 billion
52-week Price Range:$58.06 - $82.2
Dividend Per Share:$0.7
EPS (TTM):3.23
Price-Earnings (Trailing):24.73
Price-Earnings (Forward):20.27

Company Profile and Business Description for Albany International

Albany International Corp., incorporated on July 24, 1987, is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites.

Machine Clothing

The Company's Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The Machine Clothing segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The Company sells its Machine Clothing products directly to customer end users in countries across the world. It designs, manufactures and markets paper machine clothing for each section of the paper machine and for every grade of paper. Its Paper machine clothing products are customized, consumable products that utilize polymeric materials. Its Machine Clothing segment maintains manufacturing facilities in Brazil, Canada, China, France, Italy, Mexico, South Korea, Sweden, the United Kingdom and the United States.

Albany Engineered Composites

The Company's Albany Engineered Composites segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered composite structures based on its technology to customers in the aerospace and defense industries. Albany Engineered Composites' program relates to CFM International's LEAP engine. Its Albany Engineered Composites segment designs, develops and manufactures composite parts for aerospace and other applications, using a range of core technologies, including its three-dimensional (3D) woven reinforced composites technology, two-dimensional (2D) laminated composite structures, automated material placement, filament winding, through-thickness reinforcement and braiding. Its manufacturing facilities include in the United States and France.

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Peer / Competitor Companies of Textiles Sector

Along with Albany International Corporation, the following other peer (competitor) companies also exist within the same Textiles - Basic Industries sector whose company profile and dividend history is as follows:

▶ Crown Crafts (CRWS): Crown Crafts, Inc., incorporated on August 5, 2003, operates indirectly through its subsidiaries, Crown Crafts Infant Products, Inc. (CCIP) and Hamco, Inc. (Hamco), in the infant and toddler products segment ....See Detailed Company Profile  and Dividend History.

▶ Culp (CFI): Culp, Inc., incorporated on March 16, 1972, is a producer of mattress fabrics and marketer of upholstery fabrics for furniture in North America. The Company is engaged in the manufacturing, ....See Detailed Company Profile  and Dividend History.

▶ Unifi (UFI): Unifi, Inc., incorporated on January 8, 1969, is a manufacturing company. The Company processes and sells commodity yarns, specialized yarns and premier value-added (PVA) yarns. The Company operates through three ....See Detailed Company Profile  and Dividend History.

▶ Xerium (XRM): Xerium Technologies, Inc. (Xerium), incorporated on October 29, 2002, is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Textiles Sector.

Stock List of Other Basic Industries Sub-sectors

▶ Stocks of Agricultural Chemicals Sector

▶ Stocks of Aluminum Sector

▶ Stocks of Building Contractors - Nonresidential Sector

▶ Stocks of Containers and Packaging Sector

▶ Stocks of Electric Utilities Sector

▶ Stocks of Engineering and Construction Sector

▶ Stocks of Environmental Services Sector

▶ Stocks of Forest Products Sector

▶ Stocks of Home Furnishings Sector

▶ Stocks of Homebuilding Sector

▶ Stocks of Major Chemicals Sector

▶ Stocks of Metal Fabrications Sector

▶ Stocks of Military Government and Technical Sector

▶ Stocks of Mining Quarrying Minerals Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Other Specialty Stores Sector

▶ Stocks of Package Goods and Cosmetics Sector

▶ Stocks of Paints and Coatings Sector

▶ Stocks of Paper Sector

▶ Stocks of Precious Metals Sector

▶ Stocks of Specialty Chemicals Sector

▶ Stocks of Steel and Iron Sector

▶ Stocks of Telecommunications Equipment Sector

▶ Stocks of Textiles Sector

▶ Stocks of Trading and Mining Sector

▶ Stocks of Water Supply Sector

Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

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