ALBANY INTERNATIONAL CORP /DE/
10-Q/A, 1994-12-21
BROADWOVEN FABRIC MILLS, MAN MADE FIBER & SILK
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<PAGE>

                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549

                                Form 10-Q/A

(x) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

                For the quarter ended:  September 30, 1994
                                        ------------------

                                    OR

  ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                           EXCHANGE ACT OF 1934

          For the transition period from __________ to __________

                     Commission file number:  0-16214
                                              -------




                        ALBANY INTERNATIONAL CORP.
          (Exact name of registrant as specified in its charter)

          Delaware                                         14-0462060
- -------------------------------              ---------------------------------
(State or other jurisdiction of              (IRS Employer Identification No.)
incorporation or organization)

1373 Broadway, Albany, New York                      12204
- -------------------------------------------          -----
(Address of principal executive offices)           (Zip Code)

Registrant's telephone number, including area code         518-445-2200
                                                           ------------




Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports,) and (2) has been subject to such filing
requirements for the past 90 days.  Yes  X   No
                                        ----


The registrant had 24,344,566 shares of Class A Common Stock and 5,653,251
shares of Class B Common Stock outstanding as of September 30, 1994.




<PAGE>


                             Other Information




     EXHIBIT NO.              DESCRIPTION


     27.              Financial Data Schedule
















                                        1



<PAGE>


                                SIGNATURES



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 thereunto duly authorized.









                              ALBANY INTERNATIONAL CORP.
                              --------------------------
                                    (Registrant)





Date:  December 21, 1994



                              by /s/ Michael C. Nahl
                                 -------------------
                                 Michael C. Nahl
                                 Sr. Vice President and
                                 Chief Financial Officer







<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                           2,673
<SECURITIES>                                         0
<RECEIVABLES>                                  150,849
<ALLOWANCES>                                   (5,138)
<INVENTORY>                                    138,401
<CURRENT-ASSETS>                               304,793
<PP&E>                                         713,046
<DEPRECIATION>                               (388,647)
<TOTAL-ASSETS>                                 715,193
<CURRENT-LIABILITIES>                           94,171
<BONDS>                                        252,071
<COMMON>                                            31
                                0
                                          0
<OTHER-SE>                                     269,035
<TOTAL-LIABILITY-AND-EQUITY>                   715,193
<SALES>                                        416,194
<TOTAL-REVENUES>                               416,194
<CGS>                                          253,639
<TOTAL-COSTS>                                  375,602
<OTHER-EXPENSES>                                   730
<LOSS-PROVISION>                                   559
<INTEREST-EXPENSE>                              12,314
<INCOME-PRETAX>                                 26,989
<INCOME-TAX>                                    11,605
<INCOME-CONTINUING>                             15,384
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    15,569
<EPS-PRIMARY>                                      .52
<EPS-DILUTED>                                      .52
        

</TABLE>


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