Albany International Corp Class A
Market Cap
1.8B
Short interest (May 15)
1.6%
Net Short (Jun 03 ): 0.1%
Borrow Fee
0.63%
↑ 26.3%
Available Shares
800K
↓ 18.0%
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Company Overview
Albany International Corp is a textiles and materials processing company specializing in engineered fabrics and composite components and assemblies for the paper, industrial manufacturing and aerospace industries. It operates through two segments: Machine Clothing, which produces custom-designed fabrics and high-speed process belts for paper, paperboard, tissue, towel and pulp, as well as engineered fabrics for other industrial applications, and contributes the majority of revenue; and Albany Engineered Composites, which provides engineered composite parts for the aerospace and defense industries. The company generates revenue from the United States, Switzerland, Brazil, China, Mexico, France and other areas.
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