-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RN/yAEKzB8vnXYDIMAsjnLjvVCSRC295ZdJW1IfNkBVaoYcqPq6MzJMLVS+R2wWp 2BAoUYAmEHZ63IV0T61gUA== 0000891092-09-002627.txt : 20090630 0000891092-09-002627.hdr.sgml : 20090630 20090630084839 ACCESSION NUMBER: 0000891092-09-002627 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090628 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090630 DATE AS OF CHANGE: 20090630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALBANY INTERNATIONAL CORP /DE/ CENTRAL INDEX KEY: 0000819793 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 140462060 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10026 FILM NUMBER: 09917937 BUSINESS ADDRESS: STREET 1: 1373 BROADWAY CITY: ALBANY STATE: NY ZIP: 12204 BUSINESS PHONE: 5184452200 MAIL ADDRESS: STREET 1: 1373 BROADWAY CITY: ALBANY STATE: NY ZIP: 12204 FORMER COMPANY: FORMER CONFORMED NAME: ALBINT INC DATE OF NAME CHANGE: 19870924 8-K 1 e35828_8k.txt CURRENT REPORT 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 28, 2009 ALBANY INTERNATIONAL CORP. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-10026 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 2.05. Costs Associated with Exit or Disposal Activities. Albany International Corp. (the "Company") issued a news release on June 28, 2009 announcing plans to wind down the manufacturing operations of Albany International Pty. Ltd. in Gosford, Australia. Discussions with labor representatives are expected to begin shortly. Until they are concluded, the Company is unable reasonably to estimate the costs expected to be incurred in connection with these plans. The Company will disclose the amount, type and timing of these costs promptly after they are determined. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 News Release dated June 28, 2009. 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: June 29, 2009 EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.1 News Release dated June 28, 2009 EX-99.1 2 e35828ex99_1.txt PRESS RELEASE Exhibit 99.1 Albany International Announces Discontinuation of Manufacturing Capacity in Australia - -------------------------------------------------------------------------------- Albany, New York, June 28, 2009 - Albany International Pty Ltd., an affiliate of Albany International Corp. (NYSE:AIN), announced today its plan to discontinue manufacturing at its operations in Gosford, New South Wales, Australia, and transfer production to Albany International's St. Stephen, South Carolina, manufacturing facility. These actions are part of an ongoing, company-wide effort to streamline operations, driven by existing and anticipated market conditions, and in no way reflect on the performance of the 61 affected employees, who will be offered severance and outplacement assistance. The transfer of production will be supervised by technical and manufacturing personnel from Gosford and St. Stephen to ensure continuity of customer supply and is expected to be completed by June 2010. Albany International is a global advanced textiles and materials processing company. Its core business is the world's leading producer of custom-designed fabrics and belts essential to the production of paper and paperboard. Albany's family of emerging businesses extends its advanced textiles and materials capabilities into a variety of other industries, most notably aerospace composites, nonwovens, building products, and high-performance industrial doors. Additional information about the Company and its businesses and products is available at www.albint.com. Contacts: Investors: John Cozzolino Vice President-Corp. Treasurer & Strategic Planning 518-445-2281 john.cozzolino@albint.com Media: Susan Siegel Director of Corporate Communications 518-445-2284 susan.siegel@albint.com -----END PRIVACY-ENHANCED MESSAGE-----