UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)   September 24, 2006

ALBANY INTERNATIONAL CORP.


(Exact name of registrant as specified in its charter)


Delaware

 

0-16214

 

14-0462060


 


 


(State or other jurisdiction of
incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
 Identification No.)


1373 Broadway, Albany, New York

 

12204


 


(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code    (518) 445-2200

None


(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

 

 



Item 8.01.   Other Events

A copy of the Company press release announcing its response to a question at a recent investor conference about previously announced competitive pricing pressure in Europe is attached as Exhibit 99.1 to this report.



Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

ALBANY INTERNATIONAL CORP.

 

 

 

 

By:

/s/ Michael C. Nahl

 

 


 

Name:

Michael C. Nahl

 

Title:

Executive Vice President and Chief  Financial Officer

 

 

 

Date:  September 25, 2006

 

 




EXHIBIT INDEX

Exhibit No.

 

Description


 


99.1

 

Press Release dated September 24, 2006



Exhibit 99.1

Albany International Responds to Competitive Pricing Pressure in Europe

          ALBANY, N.Y., Sept. 24 /PRNewswire-FirstCall/ -- Albany International Corp. (NYSE: AIN; PCX, FWB), in response to a question at a recent investor conference about previously announced competitive pricing pressure in Europe, indicated that it is considering a variety of strategic alternatives. These range from strategic partnerships, to value-focused technology and service solutions, to restructuring and associated cost reduction activities, and to the possibility of some European price reductions.

Albany International is the world’s largest producer of custom-designed paper machine fabrics and process belts that are essential to the manufacture of paper and paperboard. In its family of businesses, Albany applies its core competencies in advanced textiles and materials to other industries. Additional information about the Company and its businesses and products is available at www.albint.com.