EXHIBIT 21
SUBSIDIARIES OF THE REGISTRANT
| Name |
Place of Incorporation | |
| Penobscot Shoe Company |
Maine | |
| H.S. Trask & Co. |
Montana | |
| PXG Canada, Inc. |
Ontario, Canada | |
| Belt Company (f/k/a Chambers Belt Company) |
Delaware | |
| Phoenix Delaware Acquisition, Inc. |
Delaware |