ALBANY INTERNATIONAL CORP

Albany International Corp., founded in 1895, is a global leader in advanced textiles and materials processing. The company specializes in designing and manufacturing high-performance engineered fabrics and composite components and assemblies for industries such as paper, industrial manufacturing, and aerospace. Albany operates through two business segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing (MC) segment is the world's leading producer of custom-designed fabrics and high-speed process belts, primarily known as Paper Machine Clothing (PMC), which are critical in manufacturing all grades of paper products. This segment supplies highly engineered consumable permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, and pulp. The MC segment also provides Engineered Fabric (EF) products for nonwovens, fiber cement, and other industrial applications. Net revenues for the Machine Clothing segment were $708,066 thousand in 2025, $749,907 thousand in 2024, and $670,768 thousand in 2023. Net revenues for the Albany Engineered Composites segment were $474,747 thousand in 2025, $480,708 thousand in 2024, and $477,141 thousand in 2023. Total net revenues for the company were $1,182,813 thousand in 2025, $1,230,615 thousand in 2024, and $1,147,909 thousand in 2023.