<SEC-DOCUMENT>0001157523-18-000405.txt : 20180223
<SEC-HEADER>0001157523-18-000405.hdr.sgml : 20180223
<ACCEPTANCE-DATETIME>20180223170553
ACCESSION NUMBER:		0001157523-18-000405
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180223
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180223
DATE AS OF CHANGE:		20180223

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:		18637533

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51763495.htm
<DESCRIPTION>ALBANY INTERNATIONAL CORP. 8-K
<TEXT>
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    <p style="text-align: center">
      <font style="font-size: 14pt"><b>UNITED STATES</b></font><br><font style="font-size: 14pt"><b>SECURITIES
      AND EXCHANGE&#160;COMMISSION</b></font><font style="font-size: 14pt"><br style="font-size: 14pt"></font>
    </p>
    <p style="text-align: center">
      Washington, D.C. 20549<br><br><font style="font-size: 14pt"><b>FORM 8-K</b></font><br><br><b>CURRENT
      REPORT</b><br><b>PURSUANT TO SECTION 13 OR 15(d) OF THE</b><br><b>SECURITIES
      EXCHANGE ACT OF 1934</b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">Date of
      Report: &#160;&#160;&#160;February 23, 2018</font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman">(Date
      of earliest event reported)</font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 33%">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px; width: 34%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>ALBANY INTERNATIONAL CORP.</b>
          </p>
        </td>
        <td style="width: 33%">

        </td>
      </tr>
      <tr>
        <td style="width: 33%">

        </td>
        <td style="padding-left: 0.0px; width: 34%; text-align: center" valign="top">
          (Exact name of registrant as specified in its charter)
        </td>
        <td style="width: 33%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px; width: 33%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Delaware
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px; width: 34%; text-align: center; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1-10026
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px; width: 33%; text-align: center; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            14-0462060
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 33%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            of incorporation)
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 34%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            File Number)
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 33%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (I.R.S Employer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            216 Airport Drive, Rochester, New Hampshire, 03867
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-left: 0.0px; text-align: center; padding-right: 0.0px" valign="top">
          <p style="font-size: 10pt">
            <font style="font-size: 10pt; font-family: Times New Roman">(518)
            445-2200</font>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px; text-align: center" valign="top">
          <p style="font-size: 10pt">
            &#160;(Address and telephone number of the registrant's principal
            executive offices)
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="font-size: 10pt">
            (Former name or former address, if changed since last report.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">
      Registrant&#8217;s telephone number, including area code &#160;&#160;&#160;&#160;(603) 330-5850
    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
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        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px; text-align: center" valign="top">
          None
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          (Former name or former address, if changed since last report.)
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>

    </p>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">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:</font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (230.405 of
      this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (240.12b-2 of this chapter).
    </p>
    <p>

    </p>
    <p>
      Emerging growth company &#160;<font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>

    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. &#160;<font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <font style="font-size: 10pt">2</font>
    </p>
    <p>

    </p>
    <p>

    </p>
    <p>
      <b>Item 5.02. Departure of Directors or Certain Officers; Election of
      Directors; Appointment of Certain Officers; Compensatory Arrangements of
      Certain Officers.</b>
    </p>
    <p>

    </p>
    <p>
      <b>The disclosure under Item 8.01 is incorporated herein by reference.</b>
    </p>
    <p>

    </p>
    <p>
      <b>Item 8.01. Other Events.</b>
    </p>
    <p style="text-align: justify">
      On February 23, 2018, the Board of Directors of Albany International
      Corp. (&#8220;the Company&#8221;) announced that it had nominated Lee C. Wortham as
      a candidate for election to the Board at the Annual Meeting of
      Stockholders, to be held on May 11, 2018.&#160;&#160;In connection with Mr.
      Wortham&#8217;s nomination, on February 23, 2018, current Director John C.
      Standish informed the Company of his intention to retire from the Board
      effective May 11, 2018.
    </p>
    <p>
      A copy of the Company&#8217;s press release, dated February 23, 2018, which is
      incorporated by reference herein, is attached as Exhibit 99.1.
    </p>
    <p>

    </p>
    <p>
      <b>Item 9.01 Exhibits</b>
    </p>
    <p>

    </p>
    <p>
      <a href="a51763495ex99_1.htm">Exhibit 99.1</a>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<a href="a51763495ex99_1.htm">Press
      release dated February 23, 2018</a>
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">
      3
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Signature</b></font>
    </p>
    <p>
      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.
    </p>
    <p>

    </p>
    <p>

    </p>
    <p>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 38%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>ALBANY INTERNATIONAL CORP.</b>
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 38%">

        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 38%">

        </td>
        <td style="padding-left: 0.0px; width: 18%; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 34%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 38%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>/s/
            John B. Cozzolino&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u>
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 38%">

        </td>
        <td style="padding-left: 0.0px; width: 18%; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 38%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Name:&#160;John B. Cozzolino
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 38%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Title: Chief Financial Officer and Treasurer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(Principal Financial Officer)
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 38%">

        </td>
        <td style="padding-left: 0.0px; width: 18%; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 38%">

        </td>
        <td style="padding-left: 0.0px; width: 18%; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date:
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 34%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            February 23, 2018
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 38%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51763495ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2018 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Albany
      International Announces New Director Nominee</b></font>
    </p>
    <p>
      ROCHESTER, N.H.--(BUSINESS WIRE)--February 23, 2018--Albany
      International Corp. (NYSE:AIN) announced today that its Board of
      Directors has nominated Lee C. Wortham as a candidate for election to
      the Board at the Annual Meeting of Stockholders, to be held on May 11,
      2018. In connection with Mr. Wortham&#8217;s nomination, current Director John
      C. Standish has informed the Company of his intention to retire from the
      Board, effective May 11, 2018. (Christine L. Standish, a Director of the
      Company since 1997, has been re-nominated and will remain a candidate
      for re-election at the May meeting.)
    </p>
    <p>
      Mr. Wortham is a director and officer of the J.S. Standish Company. The
      J.S. Standish Company holds or controls shares representing
      approximately 53% of the combined voting power of all stockholders of
      the Company.
    </p>
    <p>
      Mr. Wortham has been a partner of Barrantys LLC, a consultant and
      service provider to wealthy families and family offices, since 2007, and
      during that time has been an adviser to the Standish family. Mr. Wortham
      has also served as a director of Evans Bancorp, Inc. since 2011, and
      currently serves as Vice Chairman.
    </p>
    <p>
      Prior to joining Barrantys, Mr. Wortham served in senior management
      positions at First Niagara Financial Group, Inc. (2005 to 2007), The
      Bank of New York (1999 to 2005), and Chase Manhattan Bank and Chemical
      Bank (currently JP Morgan Chase &amp; Co.) (1985 to 1999).
    </p>
    <p>
      Albany Chairman Erkie Kailbourne said, &#8220;The Board is pleased to nominate
      Lee Wortham as a candidate for election at the May meeting of
      stockholders. We believe that Lee&#8217;s extensive experience in the
      financial services industry will make him a valuable contributor to our
      Board. As a long-time adviser to the Standish family, and a director and
      executive officer of the J.S. Standish Company, his election will also
      preserve the continuity of the Standish family&#8217;s Board presence, as John
      Standish retires from the Board at the end of his current term in May.
    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;The Board also thanks John Standish for his many years of service and
      support, both as an employee and a Board member. We are sorry to be
      losing such a valued colleague and friend, and we wish John the very
      best.&#8221;
    </p>
    <p>
      <b>About Albany International Corp.</b><br>Albany International is a
      global advanced textiles and materials processing company, with two core
      businesses. Machine Clothing is the world&#8217;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 <u>www.albint.com</u>.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Albany International Corp.<br><i>Investors</i><br>John
      Cozzolino, 518-445-2281<br><u>john.cozzolino@albint.com</u><br>or<br><i>Media</i><br>Heather
      Kralik, 801-505-7001<br><u>heather.kralik@albint.com</u>
    </p>
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