Albany International Corp. announced on 2025‑10‑18 that it will relocate its corporate headquarters from Rochester, New Hampshire to Portsmouth, New Hampshire. The new address is 325 Corporate Drive, Pease International Tradeport, Portsmouth, New Hampshire, a location chosen for its proximity to major highways, rail lines, and an international airport. CEO Gunnar Kleveland said the move “represents a transformative step forward for our company,” highlighting the benefits for employees, business growth, and community ties.
The relocation is intended to strengthen Albany’s strategic positioning by placing executive functions in a dynamic business community that hosts over 250 companies across technology, manufacturing, and finance. The new headquarters will feature collaborative workspaces, on‑site amenities such as a gym, and spaces designed to foster team building and work‑life balance. Albany also plans to maintain a strong presence in Rochester, where the Engineered Composites research and development team and key manufacturing operations will continue, and where new composites manufacturing opportunities are being developed.
For investors, the move signals a deliberate effort to align corporate infrastructure with the company’s dual‑engine growth strategy. By consolidating executive functions in a high‑growth corridor, Albany can reduce travel and operational costs, improve talent retention, and accelerate decision‑making for its aerospace and composites businesses. While the relocation does not immediately alter financial statements, it supports the company’s long‑term value creation by enhancing operational efficiency and positioning Albany to capture future growth in advanced materials markets.
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