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Stock impact report

Safran and Albany International Extend Strategic Cooperation on Advanced Composites

Albany International Corporation (AIN) 
Last albany international corporation earnings: 4/29 05:05 pm Check Earnings Report
Company Research Source: Business Wire
PARIS & ROCHESTER, N.H.--(BUSINESS WIRE)--Safran Aircraft Engines, a world leading engine manufacturer, and Albany International Corp. (NYSE: AIN), a leading developer and manufacturer of engineered composite components, today announced an agreement extending their partnership to the year 2046. Through this new agreement, the two companies declare their intent to work together on the next generation engines and thus contribute to the 2050 net-zero CO2 emissions commitment of the aviation industry.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211130005183/en/Bill Higgins, Albany International President and CEO and Jean-Paul Alary, CEO of Safran Aircraft Engines, signed the partnership extension in Villaroche, near Paris. Copyright: R. Alary/Safran.Albany International and Safran signed the original framework agreement in 2006 resulting in the creation of their joint venture for the development of high technology composi Show less Read more
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