Exhibit 21


                                ARCTCO, INC.

                        Subsidiaries of the Company







                              Arctco FSC, Inc.
                       (a foreign sales corporation)
                      Organized under the laws of the
                        United States Virgin Islands 
                    100% of common stock owned by parent







                             Arctco Sales, Inc.
                          organized under the laws
                          of the State of Minnesota
                     100% of common stock owned by parent