Albany international corp. announces plans to consolidate manufacturing capacity

Rochester, n.h.--(business wire)--heimbach switzerland ag, an affiliate of albany international corp. (nyse:ain), announced today that it will initiate consultations with employee representatives regarding a proposal to discontinue manufacturing operations in olten, switzerland, and to transfer production to other heimbach gmbh manufacturing facilities. the reduction is subject to local law and will be implemented in accordance with such law and in consultation with the employees' representativ.
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