U.S. Group Companies
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 Industries Peñoles, S.A. de C.V. (Grupo BALs mining and chemicals group and El Palacio de Hierro (Grupo BAL Department store group) BAL Holdings, main operating subsidiaries are described below: Peñoles Metals & Chemicals was formed in 1974. Its principal operations consist of marketing zinc, lead, minor metals and chemicals.
Peñoles Metals & Chemicals, Inc. is the exclusive distributor of Industrias Peñoles S.A. De C.V. metal and chemical products in the United States and Canada.
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 Peñoles brand silver and gold.
BAL New York, Inc. also formed in 1993 offers a complete export buying service for international department stores and other retailers.
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 expectations.