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WIKI ANALYSIS
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NL Industries, Inc. (NL) is based in Dallas, Texas. About 83% of the stock is owned by Valhi (NYSE VHI). Contran Corporation, directly or through its subsidiaries, owns approximately 92% of Valhi's outstanding common stock. All of Contran's outstanding voting stock is held by Harold C. Simmons. Thus, the company is effectively controlled by Harold Simmons and operates through two business segments: a majority-owned subsidiary, CompX International (85% ownership NYSE - CIX), and a less than majority-owned affiliate, Kronos Worldwide (36% - NYSE - KRO).
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