Albany's Machine Clothing (MC) segment, the Company's legacy core business, is the world's leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries, with a market share of approximately 30 percent.

MC is headquartered in Neuhausen, Switzerland, with plants and sales offices in the United States, China, Brazil, England, South Korea, Canada, Sweden, France, Mexico, Italy, Australia, Japan, and Singapore. R&D activities are conducted at multiple locations around the world, most notably Menasha and Kaukauna, Wisconsin in the U.S., and Halmstad, Sweden.

Albany Engineered Composites (AEC) is a rapidly growing supplier of highly engineered composite parts for the aerospace industry that evolved from the 1998 acquisition of Techniweave in Rochester, New Hampshire, which then merged with Texas Composites, purchased in 2006.

AEC is the sole-source provider of 3D woven RTM fan blades and fan cases for the CFM* LEAP engine; manufacturing of these products takes place at facilities in Rochester, New Hampshire, and Commercy, France, where AEC is co-located with its partner Safran. A third LEAP plant is under construction in Queretaro, Mexico, with production slated to begin in 2017.

Among other programs, the business also supplies Rolls-Royce with composite components for the LiftFan on the Joint Strike Fighter and for the BR725, the engine that powers the Gulfstream 65.