International Business News - AIN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A Credit Suisse analyst upgrade the paper and forest products industry Monday, saying stock prices for most companies are reasonable, and demand for most types of paper will reach a low point in the fall. http://www.ibtimes.com/articles/20080707/ahead-of-the-bell-paper-products-upgrades.htm Mon, 07 Jul 2008 08:48:54 EDT Albany International Corp. said Friday its board declared a regular quarterly dividend of 12 cents. The textiles and materials processor said the dividend is payable July 8 to shareholders of record June 6. http://www.ibtimes.com/articles/20080512/albany-international-declares-12-cent-dividend.htm Mon, 12 May 2008 11:54:34 EDT Albany International Corp., a textiles and materials processing company, said Friday its chairman Frank R. Schmeler retired as chairman. Erland E. Kailbourne replaces him as chairman. He has been a director since 1999 and is chairman of Financial Institutions Inc. and its Five Star Bank subsidiary. http://www.ibtimes.com/articles/20080509/albany-international-chairman-frank-r-schmeler-retires.htm Fri, 09 May 2008 14:03:21 EDT Albany International Corp., which makes cloth belts for paper-making machines, said Friday its fourth quarter profit jumped rose 28 percent, despite hefty restructuring costs, due to strong sales in the company's biggest division. http://www.ibtimes.com/articles/20080208/albany-international-profit-rises.htm Fri, 08 Feb 2008 18:20:59 EST Albany International Corp., which makes cloth belts used in paper-making machines, said Monday it will shut its factory in Montgomery, Ala. The company said the move is a "business necessity" in response to the consolidation of the U.S. and Canadian paper industries, and the need to balance production capacity with demand. http://www.ibtimes.com/articles/20080107/albany-international-to-shut-ala-plant.htm Mon, 07 Jan 2008 16:39:41 EST