Albany Felt, Albany, New York
The Albany Felt Company was founded in Albany, NY by three business investors, James W. Cox, Parker
Corning, and Selden Marvin, in 1895 to supply paper-making felts to the paper industry.  Since that time, Albany
has grown and is today Albany International, the world's largest supplier of felts to the paper industry.  Corning
for one was from a wealthy family.  His grandfather Erastus Corning was the first president of the New York
Central railroad.  Cox became president and held that office until retirement in 1918.  He died June 9, 1935. 1,2
Parker Corning died May 24, 1937.  

In 1951, Albany Felt announced they would build thee first plant in Canada.  Lewis R. Parker, Executive Vice
President made the announcement that the undisclosed site would join plants in Albany and Hoosick Falls, NY
and North Monmouth, ME.  3 Lewis R. Parker became President August 3, 1954 succeeding Frederick
McDonald who became Vice Chairman of the Board.  Charles P. Drumm was Board Chairman. 4

Sources:

1.  Albany International web site http://ww3.albint.com/about/Pages/history.aspx

2.  
New York Times, June 9, 1935;

3.  
New York Times, December 26, 1951

4.  
New York Times,  August 4, 1954.

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Historic Companies
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