Albany International Corp. Announces Corporate Headquarters Relocation to Portsmouth, New Hampshire
Albany International Corp., a global leader in advanced materials science that uses innovative processing and automation capabilities to design, produce, and deliver products and services for the paper and aerospace industries, is excited to announce the relocation of its corporate headquarters from Rochester, New Hampshire to Portsmouth, New Hampshire.
The relocation marks a significant milestone for Albany International. "This move represents a transformative step forward for our company," said Gunnar Kleveland, Albany International's CEO. "Portsmouth offers an ideal environment for our employees, our business, and our future growth. We are confident that this new chapter will bring tremendous opportunities for everyone involved."
This strategic move underscores the company's commitment to fostering employee well-being, advancing business growth, and strengthening community ties.
Driving Business Growth The move to Pease International Tradeport, 325 Corporate Drive, in Portsmouth aligns with Albany International's long-term vision for growth and innovation. Pease International Tradeport is home to a dynamic business community, hosting over 250 companies across diverse industries such as technology, manufacturing, healthcare, finance, and education. This ecosystem encourages collaboration and innovation. The Tradeport's strategic location near major highways, rail lines, and an international airport ensures seamless access to regional, national, and international markets.
Benefits for Employees The relocation to Portsmouth offers employees a host of advantages. The new headquarters will feature a welcoming and collaborative workspace. The facility will include great amenities such as an on-site gym and other team spaces to foster team building and work-life balance.
Commitment to the Community Albany International is dedicated to becoming an integral part of the Portsmouth community. The company partners with local organizations, supports community initiatives, and contributes to the city's economic development. By creating new job opportunities and investing in the local economy, Albany International aims to make a lasting, positive impact on the region.
"We are excited to join the Portsmouth community and look forward to building meaningful relationships with local businesses, civic leaders, and residents," said Kleveland. "We hope to build on our existing relationship with the University of New Hampshire and work even more closely with them in the future."
Albany International's presence in Rochester, NH will remain strong as a center of excellence for the Engineered Composites Research & Development team as well as continuing to focus on manufacturing for the Albany Safran Composites business. New composites manufacturing opportunities are being developed for the company's additional facilities in Rochester.
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About Albany International Corp. Albany International is a leading developer and manufacturer of engineered components, leveraging advanced materials processing and automation capabilities in two core businesses:
- Machine Clothing: The world's leading producer of custom-designed, consumable belts essential for the manufacture of paper, paperboard, tissue and towel, pulp, non-wovens, and other industrial applications.
- Engineered Composites: A growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.
Albany International operates 30 facilities in 13 countries, employs approximately 5,600 people worldwide, and is listed on the New York Stock Exchange (Symbol: AIN). For more information, visit www.albint.com.
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Investor / Media:
Will Station
Chief Financial Officer
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