NYSE, AIN - Albany International Corp
Albany International Corp. (the Registrant, the Company, or we) and its
subsidiaries are engaged in three business segments.
The Paper Machine Clothing segment includes fabrics and belts used in the
manufacture of paper and paperboard (PMC or paper machine clothing). The Company
designs, manufactures, and markets paper machine clothing for each section of
the paper machine. It manufactures and sells more paper machine clothing
worldwide than any other company. PMC consists of large permeable and
non-permeable continuous belts of custom-designed and custom-manufactured
engineered fabrics that are installed on paper machines and carry the paper
stock through each stage of the paper production process. PMC products are
consumable products of technologically sophisticated design that utilize
polymeric materials in a complex structure. ...
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