Exhibit 21

LINCOLN ELECTRIC HOLDINGS, INC.

SUBSIDIARIES OF THE REGISTRANT

The Company's subsidiaries and joint ventures are listed in the following table:

Name		Country of Incorporation
A. B. Arriendos S.A.		Chile
Claremont IC		United States
Ductil SA		Romania
Europaische Holding Intercito GmbH		Switzerland
Fori Asia Holdings Co., Limited		Hong Kong
Fori Automation de Mexico S. de R.L. de C.V.		Mexico
Fori Automation GmbH		Germany
Fori Automation Holding Co., Limited		Hong Kong
Fori Automation India Private Limited		India
Fori Automation, LLC		United States
Fori Automation Real Estate S. de R.L. de C.V.		Mexico
Fori Automation Services S. de R.L. de C.V.		Mexico
Fori Automation S.L.		Spain
Fori Bernd (Beijing) Automation Equipment Co., Limited		China
Fori Korea Ltd.		South Korea
Goodall Battery, LLC		Indiana
Harris Calorific International Sp. z o.o.		Poland
Inrotech A/S		Denmark
J.W. Harris Co., Inc.		United States
Kaynak Teknigi Sanayi ve Ticaret A.S.		Turkey
LE Torreon BCS, S. de R.L. de C.V.		Mexico
Lincoln Canada Holdings ULC		Canada
Lincoln Electric Automation, Inc.		United States
Lincoln Electric Bester Sp. z o.o.		Poland
Lincoln Electric Company (India) Private Limited		India
Lincoln Electric Company of Canada GP 2 Limited		Canada
Lincoln Electric Company of Canada LP		Canada
Lincoln Electric Deutschland GMBH		Germany
Lincoln Electric do Brasil Indústria e Comércio Ltda.		Brazil
Lincoln Electric Dutch Holdings B.V.		The Netherlands
Lincoln Electric Europe B.V.		The Netherlands
Lincoln Electric Finance ULC		Canada
Lincoln Electric France S.A.S.		France
Lincoln Electric GmbH		Germany
Lincoln Electric Iberia, S.L.		Spain
Lincoln Electric India Holdings, Inc.		United States
Lincoln Electric International Holding Company		United States
Lincoln Electric Italia S.r.l.		Italy

Name		Country of Incorporation
Lincoln Electric Japan K.K.		Japan
Lincoln Electric Luxembourg Holdings S.ar.l		Luxembourg
Lincoln Electric Luxembourg S.ar.l.		Luxembourg
Lincoln Electric Malaysia SDN BHD		Malaysia
Lincoln Electric Management (Shanghai) Co., Ltd.		China
Lincoln Electric Manufactura, S.A. de C.V.		Mexico
Lincoln Electric Maquinas, S. de R.L. de C.V.		Mexico
Lincoln Electric Mexicana, S.A. de C.V.		Mexico
Lincoln Electric Middle East FZE		United Arab Emirates
Lincoln Electric North America, Inc.		United States
Lincoln Electric Portugal, S.A.		Portugal
Lincoln Electric S.A.		Argentina
Lincoln Electric (Tangshan) Welding Materials Co., Ltd.		China
Lincoln Electric (Thailand) Ltd.		Thailand
Lincoln Electric (U.K.) Ltd.		United Kingdom
Lincoln Global, Inc.		United States
Lincoln Maquila Principal LLC		United States
Lincoln Maquinas Holdings LLC		United States
Lincoln Mexico Holdings LLC		United States
Lincoln Nanjing Holdings LLC		United States
Lincoln Singapore Holdings LLC		United States
Lincoln Soldaduras de Colombia Ltda.		Colombia
Oerlikon Kaynak Elektrodlari Ve Sanayi Anonim Sirketi		Turkey
PT Lincoln Electric Indonesia		Indonesia
PT Lincoln Indoweld		Indonesia
Red Viking Group, LLC		Michigan
Specialised Welding Products Pty. Ltd.		Australia
Superior Controls, LLC		Michigan
Tenwell Development Pte. Ltd.		Singapore
The Lincoln Electric Company		United States
The Lincoln Electric Company (Asia Pacific) Pte. Ltd.		Singapore
The Lincoln Electric Company (Australia) Proprietary Limited		Australia
The Lincoln Electric Company (New Zealand) Limited		New Zealand
The Lincoln Electric Company of South Africa (Pty) Ltd.		South Africa
The Nanjing Lincoln Electric Co., Ltd.		China
The Shanghai Lincoln Electric Co., Ltd.		China
Vanair Manufacturing, LLC		Michigan
Welding, Cutting, Tools & Accessories, LLC		United States
WRE III, LLC		United States
WRE IV, LLC		United States
Zeman Bauelemente Produktionsgesellschaft mbH		Austria