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EXHIBIT 21
LINCOLN ELECTRIC HOLDINGS, INC. AND SUBSIDIARIES
SUBSIDIARIES OF THE REGISTRANT
The Company's subsidiaries and joint ventures are listed in the following table:
COUNTRY OF PERCENT
NAME INCORPORATION OWNERSHIP
---- ------------- ---------
The Lincoln Electric Company United States 100
Harris Calorific Limited Ireland 100
Harris Calorific S.r.l. Italy 100
Harris Calorific, Inc. United States 100
Indalco Alloys, Inc. Canada 75
Inversiones LyL S.A. Chile 50
Kaynak Teknigi Sanayi ve Ticaret A.S. Turkey 50
Kuang Tai Metal Industrial Co., Ltd. Taiwan 35
Lincoln Electric (U.K.) Limited United Kingdom 100
Lincoln Electric Argentina, S.A. Argentina 100
Lincoln Electric Company (Australia)
Proprietary Limited Australia 100
Lincoln Electric Company of Canada Limited Canada 100
Lincoln Electric Do Brasil Ltda. Brazil 100
Lincoln Electric France S.A. France 100
Lincoln Electric Italia S.r.l. Italy 100
C.I.F.E. S.r.l. Italy 100
Lincoln Electric Mexicana, S.A. de C.V. Mexico 100
Lincoln Electric Manufactura, S.A. de C.V. Mexico 100
Lincoln Electric Norge AS Norway 100
Lincoln Electric Philippines, Inc. The Philippines 60
Lincoln Global Inc. United States 100
Lincoln Smitweld B.V. The Netherlands 100
Lincoln Smitweld GmbH Germany 100
Lincoln-KD, S.A. Spain 100
Lincoln Electric Venezuela, C.A. Venezuela 100
PT Lincoln Austenite Indonesia Indonesia 76
Sacit S.r.l. Italy 100
Tenwell Holdings Pte. Ltd. Singapore 21
The Lincoln Electric Company
(Asia Pacific) Pte. Ltd. Singapore 100
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