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Last $2.04 USD
Change Today 0.00 / 0.00%
Volume 15.7K
NL On Other Exchanges
New York
As of 8:04 PM 02/11/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Three Lincoln Centre

5430 LBJ Freeway

Suite 1700

Dallas, TX 75240

United States

Phone: 972-233-1700


NL Industries, Inc., a holding company, operates in the component products industry. The company also has operations in the chemicals industry through a noncontrolling interest in Kronos Worldwide, Inc. (Kronos). Component Products Through its majority-owned subsidiary, CompX International Inc. (CompX), the company manufactures engineered components that are sold to various industries, including recreational transportation (including boats), postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment. Manufacturing, operations and products - CompX’s Security Products business, manufactures mechanical and electrical cabinet locks and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and gaming machines, high security medical cabinetry, electrical circuit panels, storage compartments and gas station security. These products include the following: disc tumbler locks which provide moderate security and generally represent the lowest cost lock to produce; pin tumbler locking mechanisms which are more costly to produce and are used in applications requiring higher levels of security, including KeSet and System 64 (which each allow the user to change the keying on a single lock 64 times without removing the lock from its enclosure) and TuBar; and CompX eLock and Stealthlock electrical locks which provide stand-alone or networked security and audit trial capability for drug storage and other valuables through the use of a proximity card, magnetic stripe or keypad credentials. CompX also has a standardized product line suitable for customers which is offered through a North American distribution network to locksmith distributors and smaller original equipment manufacturers (OEMs) via its STOCK LOCKS distribution program. CompX’s Marine Components business, with a facility in Wisconsin and a facility shared with the Security Products business in Illinois, manufactures and distributes stainless steel exhaust components, gauges, throttle controls, hardware and accessories primarily for performance and ski/wakeboard boats. CompX’s specialty marine component products are high-precision components designed to operate within tight tolerances in the highly demanding marine environment. These products include the following: original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers and other exhaust components; high-performance gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; steering wheels and other billet aluminum accessories; and dash panels, LED lighting, wire harnesses and other accessories. Patents and trademarks: Patents and trademarks in the area of security products include CompX Security Products, National Cabinet Lock, Fort Lock, Fort, Timberline, Chicago Lock, STOCK LOCKS, KeSet, TuBar, StealthLock, ACE, ACE II, CompX eLock, Lockview, System64, SlamCAM, RegulatoR, CompXpress, and GEM; and in the area of marine components include Custom Marine, Livorsi Marine, Livorsi II Marine, CMI Industrial Mufflers, Custom Marine Stainless Exhaust, The #1 Choice in Performance Boating, Mega Rim, Race Rim, CompX Marine, Vantage View, and GEN-X. Sales and Marketing: A majority of CompX’s component sales are sold directly to large OEM customers through its factory-based sales and marketing professionals supported by engineers working in concert with field salespeople and independent manufacturer’s representatives. In addition to sales to large OEM customers, a significant portion of CompX’s Security Products sales are made through distributors. The company supports its locksmith distributor sales with a line of standardized products used by the largest businesses of the marketplace. Customers: United States Postal Service and Harley Davidson accounted for approximately 13% and 12%, respectively, of total sales for the period ended December 31, 2014. Chemicals Kronos is a producer and marketer of value-added titanium dioxide pigments (TiO2), a base industrial product used in


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