NLI Holdings, Inc., formerly known as NL Industries, Inc., is a holding company that operates in the component products and chemicals industries. The company's primary consolidated operating subsidiary is CompX International Inc., in which it holds a majority equity stake. CompX manufactures engineered components, including mechanical and electronic cabinet locks, ignition systems, and other security products used in office furniture, postal, healthcare, and recreational transportation applications. CompX also produces marine components such as stainless steel exhaust headers, gauges, throttle controls, and wake enhancement systems for performance boats. In addition to its component products business, NLI Holdings owns a significant noncontrolling interest in Kronos Worldwide, Inc., a leading global producer and marketer of value-added titanium dioxide (TiO2) pigments used in coatings, plastics, paper, and other industrial applications. The company generates its consolidated revenue entirely from its CompX subsidiary, with sales distributed directly to original equipment manufacturers and through distributors primarily in North America. NLI Holdings is a subsidiary of Valhi, Inc., which controls the majority of its outstanding shares.
