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Home > Company Index > Manufacturing > Textile Manufacturing > Albany International Corp.

Albany International Corp.
NYSE: AIN
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 PROFILE
Albany International's products look good on paper and on papermaking machines. The company is the world's #1 maker of paper machine clothing (custom-made fabric belts that move paper stock through each phase of production). It has manufacturing facilities in Asia, Australia, Europe, and North and South America. Albany produces about 35% of the monofilament yarn used in its products and relies on independent suppliers for the remainder. It markets to paper mills in 25 countries through a direct sales staff. Albany also makes high-performance industrial doors (Rapid Roll Doors) such as aircraft hangar doors and dock doors. Former chairman J. Spencer Standish and his family own about 30% of the company.

 COMPETITION
J.M. Voith AG (dossier)
Kadant Inc. (KAI)
Tamfelt Corp. (TAFPS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 852.90
1-Yr. Sales Growth: 9.6%
Employees: 6,929
Revenue per employee: $123,091.36

 KEY PEOPLE
• Frank R. Schmeler
    CEO
• Michael C. Nahl
    CFO

 CONTACT INFO
1373 Broadway
Albany, NY 12204
US
Phone: 518-445-2200
Fax: 518-445-2265
Online: Web Site

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