Albany International Files 8-K on Exit Costs
Ticker: AIN · Form: 8-K · Filed: Apr 19, 2024 · CIK: 819793
| Field | Detail |
|---|---|
| Company | Albany International Corp /De/ (AIN) |
| Form Type | 8-K |
| Filed Date | Apr 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: exit-costs, disposal-activities, financial-statements
Related Tickers: AIN
TL;DR
Albany Intl (AIN) filed an 8-K for exit/disposal costs. Details TBD.
AI Summary
Albany International Corp. filed an 8-K on April 19, 2024, reporting on cost associated with exit or disposal activities and financial statements and exhibits. The filing does not contain specific dollar amounts or details regarding the nature of these activities.
Why It Matters
This filing indicates potential restructuring or divestiture activities by Albany International, which could impact future financial performance and operational focus.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose material financial events or negative news.
Key Players & Entities
- ALBANY INTERNATIONAL CORP (company) — Registrant
- 0000819793-24-000027 (filing_id) — Accession Number
- April 19, 2024 (date) — Report Date
- Delaware (jurisdiction) — State of Incorporation
- 1-10026 (company_id) — SEC File Number
- 14-0462060 (tax_id) — IRS Employer Identification No.
- 216 Airport Drive Rochester, New Hampshire 03867 (address) — Principal Executive Offices
- 603 - 330-5800 (phone_number) — Registrant's telephone number
FAQ
What specific activities are associated with the 'Cost Associated with Exit or Disposal Activities'?
The filing does not provide specific details on the nature of the exit or disposal activities.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on April 19, 2024.
What is the state of incorporation for Albany International Corp?
Albany International Corp. is incorporated in Delaware.
What is the principal executive office address for Albany International Corp?
The principal executive offices are located at 216 Airport Drive, Rochester, New Hampshire 03867.
What is the SEC file number for Albany International Corp?
The SEC file number for Albany International Corp. is 001-10026.
Filing Stats: 484 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-04-19 08:38:17
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value per share AIN The New York
Filing Documents
- ain-20240419.htm (8-K) — 28KB
- ain-20240419xex991.htm (EX-99.1) — 6KB
- image.jpg (GRAPHIC) — 29KB
- 0000819793-24-000027.txt ( ) — 231KB
- ain-20240419.xsd (EX-101.SCH) — 3KB
- ain-20240419_def.xml (EX-101.DEF) — 15KB
- ain-20240419_lab.xml (EX-101.LAB) — 27KB
- ain-20240419_pre.xml (EX-101.PRE) — 16KB
- ain-20240419_htm.xml (XML) — 4KB
05 Costs Associated with Exit or Disposal Activities
Item 2.05 Costs Associated with Exit or Disposal Activities Albany International Corp. (the "Company") issued a news release on April 19, 2024 announcing plans to discontinue manufacturing operations at its forming fabric manufacturing facility in Chungju, South Korea. The Company is presently unable to reasonably estimate the costs that it would expect to incur in connection with these intended actions. The Company will disclose the amount, type and timing of any such costs promptly after they are determined.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibit is being furnished herewith: 99.1 News release dated April 19, 2024 . Signature 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. ALBANY INTERNATIONAL CORP. By: /s/ Robert D. Starr Name: Robert D. Starr Title: Executive Vice President and Chief Financial Officer (Principal Financial Officer) Date: April 19, 2024 EXHIBIT INDEX Exhibit No. Description 99.1 News Release, dated April 19, 2024, issued by Albany International Corp. 104 Inline XBRL cover page.