EXHIBIT 21.1
Subsidiaries of the Company:

UnionTools, Inc., a Delaware corporation;
H.B. Sherman Manufacturing Company, Inc., a Missouri corporation;
UnionTools Imagation, Inc., a Delaware corporation;
VSI Fasteners, Inc., a California corporation;
McGuire-Nicholas Company, Inc., a California corporation;
VHG Tools, Inc., a Missouri corporation; and
UnionTools.com, Inc., a Delaware corporation.