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 22, 2006 ALBANY INTERNATIONAL CORP. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-16214 14-0462060 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) 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: |_| 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 8.01 Other Events A copy of a Company press release announcing certain organizational changes is filed 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 (Principal Financial Officer) Date: September 25, 2006
Exhibit 99.1 ALBANY INTERNATIONAL ANNOUNCES MANAGEMENT CHANGES Albany, New York, September 22, 2006 - Albany International Corp. (NYSE:AIN; PCX, FWB) announced today senior management changes in the Americas Business Corridor of its Paper Machine Clothing (PMC) business. Thomas H. Curry, Group Vice President-PMC Americas, will retire on March 1, 2007, at which time Michael J. Joyce, Vice President, Sales & Marketing-Americas Business Corridor, will be promoted to succeed Mr. Curry. Mr. Joyce will report directly to Dr. Joseph G. Morone, President and CEO of Albany International. In announcing Mr. Curry's retirement, Dr. Morone said, "Throughout his outstanding 27-year career, Tom has made, and continues to make, countless contributions to the success of the Company. He is a visionary leader, personally leading the development of the Albany Value Concept, and responsible for creating a strong management team with momentum in the marketplace. Tom and Mike will be working closely during the transition period to ensure the continued success of the Americas Corridor PMC business." Mr. Joyce joined Albany International in 1988 as a Sales Engineer in the United States. Since then, he has worked in a number of technical and marketing management roles, most recently serving as Vice President, Sales & Marketing for PMC in the Americas. Following Albany International's acquisition of Geschmay Corp. in 1999, Mr.Joyce led the successful transition of the Geschmay brand into the Albany International product portfolio and into the marketplace. He has a Bachelor of Science degree in Textile Technology from the University of Massachusetts and is currently participating in the Advanced Management Program at Harvard Business School. "Mike combines a deep understanding of the PMC market, a strong technical background, and natural leadership style. He has both a clear vision of the future of PMC, and the managerial strength to implement that vision. Mike's succession is a natural step in the progression of the business as we bring value to our customers. His colleagues and I look forward to working closely with him," said Dr. Morone. 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.