Loading…
Loading…
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), announced today it reached an agreement with Boeing (NYSE: BA) to continue composite fuselage frame manufacturing for the 787 Dreamliner. Under the agreement, Albany continues to manufacture about 300 unique composite fuselage frames for the 787 Dreamliner, including forward sections 41 and 43 and aft section 47. Albany has produced composite fuselage frames for Sections 41 and 4.
Albany International NYSE: AIN said it has completed its strategic review and will retain its Amelia Earhart Drive structures assembly facility in Salt Lake City after reaching an amended agreement with Sikorsky on the CH-53K program.
Albany International Corp. (AIN) Discusses Outcome of Strategic Review and Amended CH-53K Contract for Structures Assembly Business Transcript
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today announced the completion of the strategic review of its Amelia Earhart Drive facility in Salt Lake City, Utah. Following new business wins, a renegotiated Boeing 787 contract for one-piece composite fuselage frames, and new contract terms with Sikorsky, a Lockheed Martin Company, on the CH-53K® program, Albany will retain the facility and end the previously announced strategic review. Under the new agreement with Sik.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) today announced that Willard Station, Executive Vice President and Chief Financial Officer, is taking a medical leave of absence. The Albany International Board of Directors has appointed Sean Valashinas, the Company's Controller and Chief Accounting Officer, as acting CFO, effective immediately. Prior to joining the Company in 2025, Mr. Valashinas served as Vice President, Accounting, Treasury, and Tax at Resonetics, a l.
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), today announces it is exhibiting at CAMX 2026, Sept. 21–24, at the Georgia World Congress Center in Atlanta. Albany will be located at booth K26. CAMX 2026 brings together the composites and advanced materials industry to showcase technologies, manufacturing capabilities and solutions shaping the future of advanced materials. At the event, Albany will highlight its Advanced Compo.
Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), today announces it is exhibiting at CAMX 2026, Sept. 21â24, at the Georgia
PORTSMOUTH, N.H.--(BUSINESS WIRE)--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.28 per share on the Company's Class A Common Stock. The dividend is payable October 7, 2026, to shareholders of record on September 1, 2026. About Albany International Corp. Albany is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses: M.