NL Industries (), formerly known as the National Lead Company, is a lead smelting company currently based in Houston, Texas. National Lead was one of the 12 original stocks included in the Dow Jones Industrial Average at the time of its creation on May 26, 1896.
In January 2014, the Santa Clara County Superior Court ruled that NL Industries, along with Sherwin-Williams and ConAgra Foods, were jointly and severally liable for $1.15 billion, to be paid into a lead paint abatement fund to be used to remove lead paint from older housing. The judge ruled that the paint companies manufactured, marketed, and sold lead paint without disclosing the health risks to the consumers in spite of "actual and constructive knowledge that it was harmful".
The disposition of The People v. ConAgra Grocery Products Company et al. in the California 6th Appellate District Court on November 14, 2017, is that:
On February 14, 2018, the California Supreme Court denied the defendants' request for review, sending the case back to the trial court as ordered by the Appellate Court.
NL Industries settled its part of the suit in May, 2018 with a payment of $60 million and a pledge to stop supporting the ConAgra and Sherwin-Williams backed ballot measure proposed for the November, 2018 ballot
NL Industries sold off the Dutch Boy brand in 1980 to Sherwin-Williams, two years after the CPSC's directive banning the manufacturing of lead housepaint went into effect.
In 1999, CompX International moved the corporate headquarters from Mauldin, South Carolina, to Houston. "CompX moves to Houston" Houston Business Journal
On Jan 11, 2000, CompX International Inc. acquired Chicago Lock Co. successfully for about $9.2 million in cash, which was borrowed under its existing credit facility. In May 2002, CompX International achieved an agreement to close its Dallas corporate office. CompX International close Dallas corporate office
In September 2004, NL Industries completed the acquisition of 68% of CompX International for $168.6 million.
In December 2012, CompX International Inc. sold its Furniture Components operations to Knape & Vogt Manufacturing Company for approximately $59 million in cash.
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