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BAL U.S. Group Companies: BAL Holdings, Inc. & Subsidiaries
BAL Holdings, Inc., a member of the Grupo BAL Companies was formed in 1992. As part of a group restructuring, BAL Holdings, Inc. acquired Peñoles Metals & Chemicals, Inc. from another Grupo BAL company.
BAL Holdings, Inc.’s stockholders include Industrias Peñoles, S.A. de C.V. (Grupo BAL’s mining and chemicals group) and El Palacio de Hierro (Grupo BAL's Department store group) BAL Holding’s, main operating subsidiaries are described below:
BAL is a diversified group of five independent, premier Mexico-based organizations: Industrias Peñoles (natural resources); Grupo Palacio de Hierro; (retail); Grupo Nacional Provincial (insurance); Valores Mexicanos-Casa de Bolsa (financial services); and Credito Afianzador (bonding). We have now entered our second century of business and we are proud of our achievements: 23,000 employees, over $4 billion of assets, and over $2 billion dollars in sales.
Peñoles Metals & Chemicals, Inc., a member of the BAL (U.S.) Group Companies, has been providing quality goods and services to our customers for over 25 years. We are the exclusive distributors of Industrias Peñoles S.A. de C.V. metal and chemical products in the United States and Canada. Our product offerings include refined base metals such as zinc and lead, minor metals such as bismuth as well as magnesium oxide, magnesium sulfate, copper sulfate and many other chemicals.
Wideco (U.S.) Inc. has been providing buying, sourcing, distribution and export administrative services since 1982. Wideco, headquartered in a modern state-of-the-art office and warehouse facility in Brownsville, Texas, a NAFTA gateway, is a quality driven organization. Companies, in the mining industry, such as Industrias Peñoles S.A. de C.V. rely on Wideco's expertise in sourcing and exporting to provide them with heavy equipment and mission critical parts as well as everyday supplies. Wideco's quality service will exceed your expectations.
BAL Metals International, Inc. is the worldwide base metals trading arm of the BAL (U.S.) Group Companies. Headquartered in the Group's Stamford, Connecticut offices, BAL Metals is an active buyer and seller in both physical and terminal metals markets. Our worldwide network and products expertise allows us to provide our customers with superior quality products and services.
BAL International, Inc., a member of the BAL (U.S.) Group of Companies, has been providing its customers with superior quality precious metal products since 1993. BAL International is the exclusive distributor of Industrias Peñoles S.A. de C.V. silver and gold products in the United States and Canada. BAL International provides its customers with optimal inventory management and material sourcing solutions.
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