Albany International Named an “External Business Partner of the Year” by P&G

Company Recognized for Highest Honor for the Third Consecutive Year

Business Wire

ROCHESTER, N.H.--(BUSINESS WIRE)--

Albany International Corp. (“the Company”) (AIN) announced today that it has been recognized by The Procter & Gamble Company (“P&G”) as an “External Business Partner of the Year” for the third consecutive year. Only 15 of P&G’s more than 82,000 suppliers and agencies received this highest honor, which was presented at the October 23 P&G External Business Partner Recognition Dinner. In addition, the Company received its fifth consecutive Excellence Award from P&G.

Daniel Halftermeyer, President of Albany’s Machine Clothing business segment, said, “The Albany team is extremely honored to receive this prestigious recognition from Procter & Gamble. Our commitment first and foremost is to deliver value to our customers through innovative products, service, and solutions that exceed their expectations and support their business goals. Everyone in our organization is intensely focused on that commitment.”

The Company became a supplier to P&G in 1957 and the current partnership was formalized in 1991. Albany International is an exclusive supplier to a proprietary process related to the production of the P&G Charmin®, Bounty® and Puffs® brands.

In selecting Albany International for this year’s award, P&G cited the following achievements regarding the Company’s performance: consistently acts as if P&G’s success determines their own; delivered total value solutions (innovation, quality, cost) by actively finding ways to ensure P&G Family Care’s competitive advantage; demonstrated strong commitment to support P&G’s initiative pipeline by investing in new technology to streamline operations and continuously improve quality, supply chain time and business continuity; and provided a dedicated, highly capable commercial and technical development team to ensure excellent collaboration across all functions.”

About Albany International Corp.

Albany International is a global advanced textiles and materials processing company, with two core businesses. Machine Clothing is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. Albany Engineered Composites is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. Albany International is headquartered in Rochester, New Hampshire, operates 19 plants in 11 countries, employs 4,000 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

Contact:
Albany International Corp.
Investors:
John Cozzolino, 518-445-2281
john.cozzolino@albint.com
or
Media:
Susan Siegel, 603-330-5866
susan.siegel@albint.com

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