Blount S-3/A Shelf registration (amended)

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

Blount International, Inc.

 (Thousands of Dollars)

	Six Months Ended		Year Ended December 31,
	June 30, 2011		2010		2009		2008		2007		2006
EARNINGS:
Earnings Before Income Taxes		42,714		52,611		30,266		60,485		46,328		42,825
Interest Expense, Including Amortization of Debt Issuance Costs		9,782		25,636		24,707		27,094		33,066		35,782
Interest Portion of Fixed Rent (1)		357		715		426		433		387		495
Undistributed Earnings of Unconsolidated     Subsidiaries		-		-		-		-		-		-
Earnings, as Adjusted		52,853		78,962		55,399		88,012		79,781		79,102
FIXED CHARGES:
Interest Expense, Including Amortization of Debt Issuance Costs		9,782		25,636		24,707		27,094		33,066		35,782
Capitalized Interest		89		135		292		213		403		303
Interest Portion of Fixed Rent (1)		357		715		426		433		387		495
Fixed Charges		10,288		26,486		25,425		27,740		33,856		36,580
Ratio of earnings to fixed charges		5.17		2.98		2.18		3.17		2.36		2.16

There were no dividends paid or accrued during the periods presented.

(1) The Company has included 20% of rent expense on operating leases.  Management believes that 20% represents an appropriate implied interest factor for the Company’s operating leases.