Home / Knowledge / News / Textiles / AEC invests in Rochester; expands 3-D weaving
AEC invests in Rochester; expands 3-D weaving
22
Oct '10
Albany International Corp. announced that its aerospace composites subsidiary, Albany Engineered Composites, Inc. (AEC), will be further expanding its operations in Rochester, New Hampshire. AEC expects to break ground on a new plant adjacent to its current Rochester operations in 2012, and to begin initial production in 2014. The plant will support the Company's activities associated with Safran's aerospace programs. At peak production, the plant will employ up to 300 people.

As previously reported, AEC has been working with Safran on an exclusive basis since 2006 to develop and commercialize advanced composite components for landing gear and future jet engine applications, utilizing AEC's unique 3-D weaving technology.

The Company also announced that it is also moving its corporate headquarters to Rochester, New Hampshire. As a result, members of the senior management team will relocate to the Rochester area to join President and CEO Joseph G. Morone, who had relocated earlier this year. The Company will maintain a presence in Menands, New York, with approximately 150 employees.

The Company has previously described its goal to develop AEC into a second core business by the end of the current decade. Employment at the AEC Rochester location, which has grown by 23 percent over the past year two years and is now at 225, is expected to increase by the second half of the decade to approximately 700, making it the Company's largest global manufacturing operation.

Albany's President and CEO Joseph Morone commented, “These two announcements reflect the growing importance of AEC, and its relationship with Safran group, to Albany International's future. It also reflects the strength of the partnership that we have forged with the City of Rochester and the State of New Hampshire. We are especially appreciative of the efforts of Governor John Lynch and his administration. The new jobs that our new plant will create are the direct result of his efforts on behalf of State of New Hampshire.”

Governor John Lynch said, “As Governor, my top priority is getting people back to work today and investing in our workers so New Hampshire can attract companies and compete for good jobs. This major announcement is a direct result of our hard work. Albany could have chosen to locate this new facility elsewhere, but they recognized that we have a winning economic strategy in place here in New Hampshire. We worked intensively with the Company over the past two years to bring this new plant and hundreds of jobs to Rochester.”

Rochester Mayor T.J. Jean said, "Rochester is proud to be chosen as Albany's corporate headquarters and for their new facility and expanded workforce. We have supported their growth in the past and continue that commitment to advanced technology in manufacturing. We sincerely thank the State of New Hampshire, the Rochester Economic Development Team, and the leadership of the City Council for encouraging and supporting this opportunity."

Albany International is a global advanced textiles and materials processing company. Its core business is the world's leading producer of custom-designed fabrics and belts essential to the production of paper and paperboard. Albany's family of growth businesses extends its advanced textiles and materials capabilities into a variety of other industries, most notably aerospace composites, nonwovens, building products, high-performance industrial doors, and high-performance insulation.

Albany International Corp


Must ReadView All

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X