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March/April 2012

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Albany International To Close Plant In Menands, N.Y.

Albany International Corp., a Rochester, N.H.-based advanced textiles and materials processing company, has announced plans to cease manufacturing at its corrugator fabrics plant in Menands, N.Y., by Jan. 31, 2012, eliminating 28 jobs. According to Vice President of Investor Relations and Corporate Communications Susan Siegel, the company is consolidating its manufacturing capacity in efforts to reduce its cost structure to remain competitive. Production of corrugated fabric belts, which are used to make boxboard, will be relocated to Albany's 50-year-old plant in Cuautitlan, Mexico.

Approximately 160 employees involved in human resources, legal, accounting, finance, marketing, technical and customer service activities will remain at the Menands facility. Albany International will have six plants remaining in the United States following the closure.

October 18, 2011

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