Albany and Metso reach business accord.ALBANY Albany, town, Australia Albany (ăl`bənē), town (1996 pop. 14,590), Western Australia, SW Australia. It is a port on Princess Royal Harbour of King George Sound. The town has woolen mills and fish canneries. AND METSO  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . REACH BUSINESS ACCORD. Albany International Corp. Albany, New York For other uses, see Albany. Albany is the capital of the State of New York and the county seat of Albany County. Albany lies 136 miles (219 km) north of New York City, and slightly to the south of the juncture of the Mohawk and Hudson Rivers. , USA and Metso Paper, Inc., Helsinki, Finland announced an agreement to strengthen cooperation in specified areas of paper and board making processes, and paper machine clothing. The two companies have been engaged in a technological cooperation for several years. In other news: Albany announced the purchase of 500,000 shares of its class A common stock in a private transaction at a price of US$ 30 per share from an institutional investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . The purchase brings the total number of shares purchased in 2004 to 2,819,943, representing 8.4% of the shares of total common stock outstanding at the beginning of 2004. |
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