Albany International To Wind Down Montgomery Operations

Albany International Corp., an Albany, N.Y.–based manufacturer of custom-designed paper machine
fabrics and process belts used in the production of paper and paperboard, will close its forming
fabric manufacturing facility in Montgomery, Ala., as a result of a shrinking customer base in
North America and the need to balance paper machine clothing production capacity with expected

The closure, which will affect 90 employees, will commence over the next few weeks.
Manufacturing capacity will be transferred from the Montgomery facility to other Albany
International sites in North America. The company expects to complete the transition by the end of
August 2008.

Shuttering of the Montgomery facility follows the closure of dryer fabric manufacturing and
press fabric manufacturing operations in New York, announced last August. Transition of those
operations to other facilities in North America is expected to be complete by the end of this

January 8, 2008