0000891092-16-017258.txt : 20160908 0000891092-16-017258.hdr.sgml : 20160908 20160908150043 ACCESSION NUMBER: 0000891092-16-017258 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160908 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160908 DATE AS OF CHANGE: 20160908 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: 161875941 BUSINESS ADDRESS: STREET 1: 216 AIRPORT DRIVE CITY: ROCHESTER STATE: NH ZIP: 03867 BUSINESS PHONE: 5184452200 MAIL ADDRESS: STREET 1: 216 AIRPORT DRIVE CITY: ROCHESTER STATE: NH ZIP: 03867 FORMER COMPANY: FORMER CONFORMED NAME: ALBINT INC DATE OF NAME CHANGE: 19870924 8-K 1 e71022_8k.htm 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) September 8, 2016

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.)

216 Airport Drive, Rochester, NH	03867
(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 5.02 – Election of Director

On September 8, 2016, the Board of Directors of Albany International Corp. (“Albany”) voted to elect A. William Higgins as a member of the Board. The Board also elected Mr. Higgins to the Board Compensation Committee. A copy of Albany’s news release announcing Mr. Higgins’s election is filed as Exhibit 99.1 to this report.

Upon his election, Mr. Higgins entered into an indemnification agreement with Albany, the form of which has been previously filed as Exhibit 10(t) to a Current Report on Form 8-K filed on April 12, 2006.

Item 9.01 – Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is furnished herewith:

99.1 News Release dated September 8, 2016.

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/ John B. Cozzolino

	Name: John B. Cozzolino
	Title: Chief Financial Officer and Treasurer
	(Principal Financial Officer)

Date: September 8, 2016

EXHIBIT INDEX

Exhibit No.

Description

99.1

News Release, dated September 8, 2016, issued by Albany International Corp.

EX-99.1 2 e71022ex99-1.htm NEWS RELEASE

Exhibit 99.1

NEWS RELEASE

A. William Higgins Elected to
Albany International Corp. Board

Rochester, New Hampshire, September 8, 2016 – Albany International Corp. (NYSE:AIN) announced today that A. William Higgins has been elected to its Board of Directors.

Mr. Higgins, age 57, currently serves as a director of Kaman Corporation, a diversified aerospace and industrial distribution company, and Bristow Group Inc., a leading global industrial aviation services provider. Mr. Higgins serves as chairman of the Kaman board finance committee and is a member of the corporate governance committee. From 2008 to 2012, he served as Chairman, Chief Executive Officer and President of CIRCOR International, Inc., a global diversified supplier of fluid-control and related products and services for aerospace, energy, defense, manufacturing and other applications. Prior to 2008, he held the offices of President and Chief Operating Officer and Executive Vice President and Chief Operating Officer of CIRCOR. Before joining CIRCOR in 2005, Mr. Higgins spent thirteen years in a variety of senior management positions with Honeywell International and AlliedSignal.

Albany International Chairman Erland E. Kailbourne said, “Bill’s experience as a COO, President and then CEO and Chairman of CIRCOR, as well as his prior experience at Honeywell and Allied Signal, bring welcome added perspective on talent development, international operations and global strategic development, lean manufacturing and continuous improvement processes, and the aerospace and defense industries. He is an ideal addition to our Board, and I take great pleasure in welcoming him as a new Director.”

Albany International Corp.

216 Airport Dr.

Rochester, NH 03867 USA

www.albint.com

About Albany International Corp.

Albany International Corp. is a global advanced textiles and materials processing company, with two core businesses. Machine Clothing is the world's leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. Albany Engineered Composites is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. Albany International is headquartered in Rochester, New Hampshire, operates 22 plants in 10 countries, employs 4,400 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

# # #

Contacts:

Investors	Media
John Cozzolino	Heather Kralik
518-445-2281	801-505-7001
john.cozzolino@albint.com	heather.kralik@albint.com

GRAPHIC 3 image_001.jpg GRAPHIC begin 644 image_001.jpg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end