Albany International gains on Boeing 787 composite fuselage manufacturing extension
Albany International’s Albany Engineered Composites said it reached an agreement with Boeing to continue composite fuselage frame manufacturing for the 787 Dreamliner. Shares were 6% higher at $62.27 in midday trading.
By Chris WackAlbany International shares rose after its Albany Engineered Composites segment said it reached an agreement with Boeing to continue composite fuselage frame manufacturing for the 787 Dreamliner.The stock was 6% higher, at $62.27, in midday trading, and is 23% higher year-to-date.Alban…