1 EXHIBIT 22 SUBSIDIARIES OF THE REGISTRANT State or other Jurisdiction of Subsidiaries Incorporation ------------ ------------- Cedar Corporation Nevada Cedro de Mexico, S.A. De C.V. Mexico Condor D.C. Power Supplies, Inc. California Elecktro-Metall Export GmbH Germany Industrias SL, S.A. de C.V Mexico PDQ Corporation New Jersey SL Ameritech Plastics, Inc. New York SL Auburn, Inc. (a) New York SL Delaware, Inc. Delaware SL Industries Deutschland GmbH Germany SL Industries Holding GmbH Germany SL Industries Vertrieb GmbH Germany SL International (FSC), Inc. U.S. Virgin Islands SL Surface Technologies, Inc. (b) New Jersey SL Montevideo Technology, Inc. Minnesota SL Piping Systems, Inc. (c) Delaware SL Waber, Inc. New Jersey Teal Electronics Corporation California Waber de Mexico, S.A. De C.V. Mexico Waber Power, LTD(d) Connecticut All of the registrant's subsidiaries are included in the consolidated financial statements for the year ended July 31, 1998. - --------------------- (a) Disposed on May 1, 1997. (b) Formerly SL Modern Hard Chrome, Inc. (c) Disposed on February 20, 1996. (d) Formerly SL Electrostatic Technology, Inc.