Albany International Corp. engages in textiles and materials processing. The company is headquartered in Rochester, New Hampshire and currently employs 5,400 full-time employees. The company is engaged in advanced textiles and materials processing, specializing in designing and manufacturing high-performance engineered fabrics and composite components and assemblies that serve industries, such as paper, industrial manufacturing, and aerospace. Its Machine Clothing segment is a producer of custom-designed fabrics and high-speed process belts critical in the manufacture of all grades of paper products characterized primarily as paper machine clothing. The segment supplies highly engineered consumable permeable, and impermeable belts. Its Albany Engineered Composites segment provides composite technology solutions and is a manufacturer of engineered components, structures and assemblies for aerospace and defense applications. The segment provides highly engineered, advanced composite structures and assembly solutions to customers and platforms in the commercial and defense markets.
Follow-Up Questions
What is Albany International Corp (AIN)'s P/E Ratio?
The P/E ratio of Albany International Corp is 18.6296
Who is the CEO of Albany International Corp?
Mr. Gunnar Kleveland is the President of Albany International Corp, joining the firm since 2023.
What is the price performance of AIN stock?
The current price of AIN is $55.37, it has decreased 1.93% in the last trading day.
What are the primary business themes or industries for Albany International Corp?
Albany International Corp belongs to Machinery industry and the sector is Industrials
What is Albany International Corp market cap?
Albany International Corp's current market cap is $1.6B
Is Albany International Corp a buy, sell, or hold?
According to wall street analysts, 5 analysts have made analyst ratings for Albany International Corp, including 0 strong buy, 0 buy, 5 hold, 5 sell, and 0 strong sell
