BAL U.S. Group Companies
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 Peņoles
Metals & Chemicals, Inc. from another Grupo BAL company.
BAL Holdings, Inc.s stockholders include Industrias Peņoles, S.A. de C.V. (Grupo
BALs mining and chemicals group) and El Palacio de Hierro (Grupo BAL's Department
store group) BAL Holdings, main operating subsidiaries are described below:
Peņoles Metals & Chemicals, Inc. was
formed in 1974. Its principal operations consist of marketing zinc, lead, minor metals and
chemicals. Peņoles Metals & Chemicals, Inc. is the exclusive distributor of
Industrias Peņoles S.A. de C.V. metal and chemical products in the United States and
Wideco (US) Inc., formed in 1982, offers sourcing
solutions and buying office services to companies in the mining industry who purchase
machinery, equipment, and supplies.
BAL International, Inc. formed in
1993 markets Peņoles brand silver and gold.
BAL Metals International, Inc. formed in
1995 engages in copper and other base metal trading worldwide.
Throughout our history, the BAL US Group Companies have been committed to providing our
customers with quality products, services, and solutions that meet and exceed their