Welcome to our dedicated page for Albany Intl news (Ticker: AIN), a resource for investors and traders seeking the latest updates and insights on Albany Intl stock.
Albany International Corp. (NYSE: AIN) generates news across advanced materials, industrial manufacturing, and aerospace and defense markets. The company reports through two core businesses: the Machine Clothing segment, which produces custom-designed consumable belts and fabrics for paper, paperboard, tissue and towel, pulp, non-wovens and other industrial applications, and the Albany Engineered Composites segment, which designs and manufactures advanced composite components, structures and assemblies for commercial and military aircraft, missiles, unmanned vehicles and related platforms.
News for AIN commonly includes quarterly earnings releases, segment performance updates, and commentary on key programs such as LEAP, F‑35, JASSM, LRASM, CH‑53K and Gulfstream-related work. Albany International has reported strategic reviews of its structures assembly business and the Salt Lake City production site, loss reserve adjustments on the CH‑53K program, and decisions to conclude specific contracts as it refines its aerospace portfolio.
Investors and industry followers will also see announcements on dividends on Class A common stock, share repurchases, capital expenditures, research and development spending, and climate and sustainability reporting. Additional news highlights include the relocation of the corporate headquarters to Portsmouth, New Hampshire, and Albany Engineered Composites’ achievement of U.S. Department of War CMMC Level 2 cybersecurity certification, which the company links to its role in defense supply chains.
This AIN news page on Stock Titan aggregates such updates in one place, making it easier to review financial results, strategic actions, program developments and corporate initiatives over time. Readers can use this feed to follow how Albany International manages its Machine Clothing and Engineered Composites segments, responds to market conditions in paper and aerospace end markets, and communicates with shareholders through press releases and regulatory disclosures.
Albany International (NYSE: AIN) released its 2024 Climate Report on October 7, 2025, outlining progress in sustainability, innovation, and climate-related disclosures.
Leadership emphasized integrating climate into business strategy, focusing on product-level emissions and Product Carbon Footprint to identify design and emissions-reduction opportunities across the value chain. The company affirmed commitments to transparency, accountability, science-based innovation, and stakeholder collaboration. The full report is available for viewing and download at www.albint.com/sustainability.
Albany International (NYSE:AIN) announced that its subsidiary Albany Engineered Composites (AEC) has secured multiyear contract extensions with Lockheed Martin's Missiles & Fire Control division for the JASSM and LRASM missile programs through 2029.
The contracts involve AEC's Salt Lake City facility continuing to produce specialized composite components using their advanced braiding and resin transfer molding technologies. This extension reinforces the strategic partnership between AEC and Lockheed Martin across various military programs including fixed-wing fighter aircraft, rotorcraft, and missiles.
Albany International (NYSE:AIN) has announced a quarterly dividend declaration. The company's Board of Directors has approved a dividend of $0.27 per share on its Class A Common Stock. Shareholders who are on record as of September 2, 2025, will receive the dividend payment on October 7, 2025.
Soluna Holdings (NASDAQ: SLNH), a green data center developer for Bitcoin mining and AI applications, announced the resignation of CFO John Tunison, effective August 21st. David Michaels, a board member with previous interim CFO experience at the company, will serve as interim CFO and Treasurer.
Under Tunison's leadership, the company achieved several key milestones, including securing over $90 million in project financing, reaching agreements with convertible noteholders, amending Series B Preferred Stockholder terms, completing convertible notes conversion, and driving 80.5% revenue growth to $38 million in 2024. The departure is not related to any disputes regarding company practices or financial reporting.
Albany International (NYSE:AIN) reported Q2 2025 results with net revenues of $311 million, down 6.2% year-over-year. The company faced challenges as net income decreased to $9 million ($0.31 per share) compared to $25 million ($0.79 per share) in Q2 2024.
Key financial metrics include: gross profit of $98 million (down 13.2% YoY), operating income of $22 million (vs. $43 million in 2024), and Adjusted EBITDA of $52 million (down 17.8%). The company maintained its full-year 2025 guidance, projecting revenue between $1.165-1.265 billion and Adjusted EPS of $3.00-3.40.
Performance was impacted by reduced demand in Asia, unplanned equipment downtime in Machine Clothing, and lower revenues in certain commercial and space programs in Albany Engineered Composites (AEC).
Albany International (NYSE:AIN) has appointed Willard Station as Executive Vice President and Chief Financial Officer, effective September 1, 2025. Station, 49, will succeed interim CFO Jairaj Chetnani.
Station brings significant experience from his recent role as Senior Vice President of Primary Care Sales at McKesson Medical-Surgical, where he led a team of over 1,200 executives. His background includes serving as CFO at McKesson Medical-Surgical and 16 years at Boeing, where he held senior finance positions including VP and CFO of Commercial Derivatives Airplanes.
The appointment strengthens Albany International's senior leadership team as the company focuses on executing its growth and profitability objectives.
Albany International (NYSE:AIN) has scheduled its 2025 second-quarter earnings release for Wednesday, July 30, 2025 after market close. The company will host a webcast to discuss the results on Thursday, July 31, 2025 at 9:00 a.m. Eastern Time. Investors can access the live webcast through Albany International's Investor Relations website at investors.albint.com. A replay of the webcast will be available at approximately noon Eastern Time on July 31.
Albany International (NYSE:AIN) announced a leadership transition as Chief Financial Officer Robert Starr resigns effective May 23, 2025. The company has appointed Jairaj (JC) Chetnani, current Vice President of Investor Relations and Treasurer, as interim CFO and Principal Accounting Officer while conducting a formal search for Starr's successor.
Chetnani, who joined Albany in 2023, brings over 27 years of financial experience, including 12 years in Aerospace & Defense. His expertise spans treasury, capital markets, M&A, financial planning, and investor relations. CEO Gunnar Kleveland expressed confidence in Chetnani's ability to ensure a seamless transition, citing his experience and familiarity with the company's strategy and stakeholders.
Albany International (NYSE: AIN) has announced a quarterly dividend declaration of $0.27 per share on the Company's Class A Common Stock. The dividend will be distributed to shareholders of record as of June 6, 2025, with the payment scheduled for July 8, 2025.