At MC, restructuring actions were taken in 2025 and 2024 to cease operations at five facilities.

For the three month ended June 30, 2025, these actions related to workforce reductions of $3.0 million. For the three month ended June 30, 2024, these actions related to workforce reductions and inventory write-off costs totaling $1.1 million.

For the six month ended June 30, 2025, these actions related to workforce reductions, fixed asset impairments and related costs and inventory write-off costs of $6.1 million offset by a $1.8 million pension curtailment gain, For the six month ended June 30, 2024 these actions related to workforce reductions and write-off of inventory of $1.1 million.

At AEC, restructuring activities were related to reorganizational and workforce reduction costs, which resulted in restructuring expenses of $0.5 million for the three months ended June 30, 2025 and $0.9 million for the three months ended June 30, 2024. For the six months ended June 30, 2025 and June 30, 2024, restructuring expenses were related to reductions in workforce and totaled $1.7 million and $3.1 million, respectively.

The following table summarizes charges reported in the Consolidated Statements of Income under "Restructuring expenses, net":


	Three months ended June 30,				Six months ended June 30,
(in thousands)	2025		2024		2025		2024
Machine Clothing	$	3,015	$	1,066	$	4,362	$	1,087
Albany Engineered Composites	520		922		1,688		3,110
Corporate expenses	648		115		648		115
Total	$	4,183	$	2,103	$	6,698	$	4,312

The following tables summarize charges by type of expense reported in the Consolidated Statements of Income under "Restructuring expenses, net" and "Cost of goods sold":


Six months ended June 30, 2025	Total restructuring costs incurred		Termination and other costs		Impairment of assets		Pension Curtailment (Gain)/Loss
(in thousands)
Machine Clothing	$	4,362	$	5,399	$	723	$	(1,760)
Albany Engineered Composites	1,688		1,688		—		—
Corporate expenses	648		648		—		—
Total	$	6,698	$	7,735	$	723	$	(1,760)


Six months ended June 30, 2024	Total restructuring costs incurred		Termination and other costs		Impairment of assets		Pension Curtailment (Gain)/Loss
(in thousands)
Machine Clothing	$	1,605	$	1,087	$	518	$	—
Albany Engineered Composites	3,110		3,110		—		—
Corporate expenses	115		115		—		—
Total	$	4,830	$	4,312	$	518	$	—

The table below presents the year-to-date changes in restructuring liabilities for 2025 and 2024:


(in thousands)	December 31, 2024		Restructuring charges accrued		Payments and other		June 30, 2025
Total termination and other costs	$	4,996	$	7,735	$	(8,185)	$	4,546


(in thousands)	December 31, 2023		Restructuring charges accrued		Payments and other		June 30, 2024
Total termination and other costs	$	—	$	4,312	$	(1,388)	$	2,924