Business
Albany International Initiates Review of Strategic Alternatives for Structures Assembly Business; Announces Loss Reserve Adjustment for CH-53K Program; Schedules Earnings Release Date
PORTSMOUTH, N.H., October 28, 2025--Albany International Corp. (NYSE: AIN) announced today that it is exploring strategic alternatives for its structures assembly business, including a potential sale of all or a part of the business at the Amelia Earhart Drive Facility in Salt Lake City. Albany further expects to recognize an approximately $147 million loss reserve adjustment in the third quarter of 2025 primarily related to greater than planned labor content and higher material inputs due to in
About this update from Albany International Corporation
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