Exhibit 99.1

                Albany International Announces Planned Closure of
                     Manufacturing Capacity in the Americas

      Albany, New York, August 2, 2007 - Albany International Corp. (NYSE:AIN)
announced today its intention to discontinue operations at its press fabric
manufacturing facility in East Greenbush, New York, and to cease the manufacture
of dryer fabrics at its headquarters in Albany, New York. The plant closings are
the result of the continuing consolidation of customers in the U.S. and Canada
and the need to balance the Company's paper machine clothing manufacturing
capacity in North America with anticipated paper mill demand. Similar steps have
been taken by the Company over the last few years in both Europe and North
America as the global paper and paperboard industry continues to shift capacity
from traditional paper markets to new emerging markets.

      The closures, which will affect 225 salaried and hourly employees, will be
reviewed with the local bargaining units at each facility and will begin over
the next several weeks. This planned action is a business necessity, driven by
existing and expected market conditions, and in no way reflects on the
performance of the affected employees, who will be offered severance and
outplacement assistance.

      The Company will continue to maintain its Corporate and Americas Business
Corridor headquarters, as well as selected manufacturing for non-paper markets,
at its Albany, New York location. Transition of press fabric and dryer fabric
manufacturing from the Albany area to other facilities in North America will
begin at once and will be supervised by technical and manufacturing personnel to
ensure continuity of customer supply. The transition is expected to be completed
by the end of January 2008.

      Albany International is the world's largest producer of custom-designed
paper machine fabrics and process belts that are essential to the manufacture of
paper and paperboard. In its family of businesses, Albany applies its core
competencies in advanced textiles and materials to other industries. Additional
information about the Company and its businesses and products is available at
www.albint.com.