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) June 26, 2007
ALBANY INTERNATIONAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-16214 14-0462060
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1373 Broadway, Albany, New York 12204
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (518) 445-2200
None
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(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:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13a-4(c))
Item 5.02. Departure of Directors or Certain Officers; etc.
Item 8.01. Other Events
The Registrant's press release, dated June 26, 2007, announcing the prospective
retirement of William M. McCarthy, Executive Vice President of the Registrant,
at the end of September, 2007, is filed as Exhibit 99.1.
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/ Christopher J. Connally
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Name: Christopher J. Connally
Title: Corporate Treasurer
Date: June 28, 2007
Exhibit 99.1
NEWS RELEASE ALBANY
INTERNATIONAL
For additional information please contact:
Kenneth C. Pulver
Vice President-Global Marketing & Communications
(518) 445-2214
FOR IMMEDIATE RELEASE
ALBANY INTERNATIONAL ANNOUNCES MANAGEMENT CHANGE
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Albany, New York, June 26, 2007 - Albany International Corp. (NYSE:AIN)
announced today that William M. McCarthy, Executive Vice President, Global
Planning, Engineering and Procurement, will retire from the Company on September
30, 2007.
Mr. McCarthy joined Albany International in 1977 as a Design Engineer.
Since then, he has served in technical and marketing management positions before
taking leadership roles in the company's North American, European, and
ultimately, global paper machine clothing business. In his most recent job, Mr.
McCarthy succeeded in building the Company's global procurement organization,
and guided the Company's capital projects in Asia and South America from initial
planning into their current implementation phases.
In announcing Mr. McCarthy's retirement, President and CEO Joseph G.
Morone said, "Throughout Bill's career, from his earliest days as an individual
contributor to his most recent as a pivotal leader and architect of the modern
Albany, he has always exemplified the attributes that have defined the very best
of Albany International: personal integrity, professional excellence, and a
remarkable commitment to his job, his colleagues, and the Company."
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
(more)
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Albany International Corp.
PO Box 1907
Albany, NY 12201 USA
www.albint.com
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to other industries. Founded in 1895, the Company is headquartered in Albany,
New York, and employs approximately 6,000 people worldwide. The Company's plants
are strategically located to serve its global customers. Additional information
about the Company and its businesses and products is available at
www.albint.com.
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