Albany international corp. announces plans to consolidate manufacturing capacity in italy

Rochester, n.h.--(business wire)--albany international italia srl, an affiliate of albany international corp. (nyse:ain), announced today that it will initiate consultations with employee representatives regarding the decision to discontinue manufacturing operations at a leased facility in ballo, italy, and to transfer production to a facility in merone, italy owned by industrie tessili bresciane srl, a separate affiliate of albany international corp. the action is subject to local law and will.
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