Albany international initiates review of strategic alternatives for structures assembly business; announces loss reserve adjustment for ch-53k program; schedules earnings release date

Portsmouth, n.h.--(business wire)--albany international corp. (nyse: ain) announced today that it is exploring strategic alternatives for its structures assembly business, including a potential sale of all or a part of the business at the amelia earhart drive facility in salt lake city. albany further expects to recognize an approximately $147 million loss reserve adjustment in the third quarter of 2025 primarily related to greater than planned labor content and higher material inputs due to in.
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