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Albany International operates in the advanced materials processing and automation industry with two primary business divisions. The Machine Clothing division is recognized as a leading producer of consumable belts used in various manufacturing processes, including paper and paperboard production.
With headquarters in Rochester, New Hampshire, Albany International maintains a significant global presence. The company manages 32 facilities across 14 countries and employs around 5,600 people worldwide. Its operations span multiple markets, demonstrating a diversified business model.
As Albany International continues to navigate the competitive landscape of advanced materials and engineered components, this latest dividend declaration is a key financial event for its investors.
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