NL Industries, Inc. is primarily a holding company. NL Industries operates in the component products industry through its majority-owned subsidiary, CompX International Inc. (NYSE American: CIX). NL Industries operates in the chemicals industry through its noncontrolling interest in Kronos Worldwide, Inc. (NYSE: KRO). NL Industries is based in Dallas, Texas and is a subsidiary of Valhi, Inc.
CompX’s Security Products business manufactures mechanical and electrical cabinet locks and other locking mechanisms used in a variety of applications including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending and cash containment machines. CompX’s Security Products business has one manufacturing facility in Mauldin, South Carolina and one in Grayslake, Illinois which is shared with its Marine Components business.
CompX’s Marine Components business manufactures and distributes stainless steel exhaust components, gauges, throttle controls, wake enhancement systems, trim tabs and related hardware and accessories primarily for performance and ski/wakeboard boats. CompX’s Marine Components business has a facility in Neenah, Wisconsin and a facility in Grayslake, Illinois which is shared with Security Products. CompX’s specialty Marine Component products are high precision components designed to operate within tight tolerances in the highly demanding marine environment.
Kronos is a leading global producer and marketer of value-added titanium dioxide pigments, or TiO2, a base industrial product used in imparting whiteness, brightness, opacity and durability to a diverse range of customer applications and end-use markets, including coatings, plastics, paper, inks, food, cosmetics and other industrial and consumer “quality-of-life” products. Kronos and its predecessors have produced and marketed TiO2 pigments and related products for over 100 years. Kronos, along with its distributors and agents, sells and provides technical services for its products in multiple worldwide regions, with the majority of sales in Europe, North America, and the Asia Pacific region.
