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Albany International Corp., originally the Albany Felt Company, is an industrial-goods company based in Rochester, New Hampshire, United States. It makes two different lines of products: machine clothing, in particular, felts for use in paper manufacturing and textile processing; and composites used in the aerospace industry.
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In 1983 the U.S. Army Research Laboratory in Natick, MA approached PrimaLoft's former parent company Albany International Corp., a global advanced textile and material processing company, [8] to develop a water resistant synthetic alternative to goose down for use in military sleeping bags and clothing systems in variable environmental conditions.
Today is shaping up negative for Albany International Corp. ( NYSE:AIN ) shareholders, with the analysts delivering a...
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