LIST OF SUBSIDIARIES EXHIBIT 22 THE INTERLAKE CORPORATION State or Country Corporate Name Parent Company of Incorporation -------------- -------------- ----------------- Acme Gerrard Limited Precis (935) Limited England Acme Strapping Inc. Interlake Packaging Corporation Canada The Interlake Companies, Inc. Apton GmbH Dexion GmbH Germany Arwood International, Inc. Interlake ARD Corporation New Jersey Chem-tronics, Inc. The Interlake Companies, Inc. California Ciceri & Company Limited Dexion Group plc England Conco-Tellus Inc. The Interlake Companies, Inc. Delaware Construction & Industrial Supplies Limited Dexion International Limited England Dexion-Aura GmbH Dexion GmbH Germany Dexion (Australia) Pty. Ltd. Interlake DRC Limited New South Wales, Australia Dexion Control Systems Limited Dexion International Limited England Dexion GmbH Dexion Holding GmbH Germany Dexion Group plc Interlake DRC Limited England Dexion Holding GmbH Dexion Group plc Germany Dexion Holdings Limited Dexion Group plc England Dexion Incorporated The Interlake Companies, Inc. Delaware Dexion International Limited Dexion Group plc England Dexion Limited Dexion International Limited England Dexion (North Asia) Ltd.(1) The Interlake Companies, Inc. Hong Kong Dexion Produktions GmbH Dexion Holding GmbH Germany ------------------------- (1) 20% owned by Peter Kedge Dexion S.A. Dexion Holding GmbH France Dexion sro Dexion Holding GmbH Czech Gary Steel Supply Company The Interlake Companies, Inc. Illinois Hoeganaes Corporation The Interlake Companies, Inc.(2) Delaware Hoeganaes Development, Inc. Hoeganaes Corporation Delaware Interlake ARD Corporation The Interlake Companies, Inc. Delaware Interlake Australian Mining Ventures, Inc. The Interlake Companies, Inc. Ohio Interlake DRC Limited The Interlake Companies, Inc. Delaware Interlake Foreign Sales The Interlake Companies, Inc.(70%) Barbados,W.I. Corporation Hoeganaes Corporation (30%) Interlake Newco Corporation The Interlake Corporation Delaware Interlake Packaging Corporation The Interlake Companies, Inc. Delaware Interlake Steel Corporation The Interlake Companies, Inc. Arizona Lodi Fab Industries, Inc. The Interlake Companies, Inc. Delaware Pakseal Power Industries Ltd. England Pakseal Industries Limited Power Industries Limited England Pakseal S.A.R.L. Power Industries Limited France Pakseal S.R.L. Power Industries Limited Italy Power Industries Limited Twicebonus Limited England Power Strap Limited Pakseal Industries Limited (50%) England Power Industries Limited (50%) Precis (935) Limited Interlake DRC Limited England Redirack GmbH Dexion GmbH Germany Redirack Limited Dexion International Limited England ------------------- (2) 20% of capital stock, all of which is voting common stock, is owned by Hoganas Aktiebolag S.A. Dexion-Redirack N.V. Dexion Group plc Belgium Seal-less Strapping Industries Limited Acme Strapping Inc. Canada Southern Counties Storage Equipment Limited Dexion International Limited England The Interlake Companies, Inc. The Interlake Corporation Delaware TIC Assurance Ltd. The Interlake Companies, Inc. Cayman Islands Twicebonus Limited Interlake DRC Limited England Westore Limited Dexion Group plc England Witty & Wyatt Equipment Dexion International Limited England Limited