International Business News - Albany 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 To stay in compliance with federal laws, New Albany's mayor is seeking a 22 percent sewer rate increase that would pay for new sewer construction. Officials with Mayor Doug England's administration said the hike, which would be the second in less than two years, is essential to stay in compliance with federal environmental laws. It would raise the average monthly bill next January to more than $36 from about $30. http://www.ibtimes.com/articles/20080602/new-albany-seeks-22-percent-sewer-rate-hike.htm Mon, 02 Jun 2008 12:22:26 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 Shares of research and development contractor Albany Molecular Research Inc. jumped Monday after the company topped its own first-quarter profit outlook and raised full-year guidance. http://www.ibtimes.com/articles/20080505/albany-molecular-shares-jump-after-1q-profit-rises.htm Mon, 05 May 2008 13:32:29 EDT An ethanol plant costing up to $350 million is planned for a section of the Port of Albany. The Albany Port District Commission selected the ethanol project for 18 acres on the west bank of the Huds... http://www.ibtimes.com/articles/20080401/albany-ethanol-plant-planned.htm Tue, 01 Apr 2008 09:40:05 EDT Shares of Albany Molecular Research Inc. rebounded Tuesday as a Jefferies & Co. analyst recommended the stock, saying that although the company reported a weak fourth quarter, demand is solid and revenue is growing. http://www.ibtimes.com/articles/20080212/albany-molecular-rebounds-after-earnings.htm Tue, 12 Feb 2008 15:41:45 EST 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 Drug development company Albany Molecular Research Inc. said Monday it completed the acquisition of another manufacturing plant in India, expanding its manufacturing capabilities and drug portfolio. http://www.ibtimes.com/articles/20080204/albany-molecular-buys-plant-in-india.htm Mon, 04 Feb 2008 11:03:44 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