UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 9, 2008
ALBANY INTERNATIONAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 1-10026 14-0462060
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1373 Broadway, Albany, New York 12204
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (518) 445-2200
None
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13a-4(c))
2.02. Results of Operations and Financial Condition
On May 4, 2008, Albany International Corp. (the "Company") announced that it had
entered into an agreement to sell its Filtration Technologies business, and
accordingly, has reported the activities of that business as a discontinued
operation. Additionally, the Company has modified its reportable segments to be
consistent with changes in the Company's organizational structure.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Schedules showing the effect on net sales and operating income of changes
in reportable segments for quarterly periods of 2007, full year 2007, and full
year 2006.
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/ Michael C. Nahl
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Name: Michael C. Nahl
Title: Executive Vice President and
Chief Financial Officer
Date: May 9, 2008
EXHIBIT INDEX
Exhibit No. Description
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99.1 Schedules showing the effect on net sales and operating income
of changes in reportable segments for quarterly periods of
2007, full year 2007, and full year 2006.