Exhibit
No. 21 (1)



SUBSIDIARIES
OF THE REGISTRANT

Effective as of March 15, 2011



|Name                                 |                                    | Jurisdiction
|------------------------------------ | ---------------------------------- | ------------
|                                     |                                    |             
|American Biltrite (Canada) Ltd.      | Canada                            
|                                     | 200 Bank Street                    |             
|Sherbrooke, Quebec J1H 4K3           |                                   
|                                     | also doing business in Canada      |             
|                                     | as Produits American Biltrite Ltee |             
|                                     |                                    |             
|                                     |                                    |             
|American Biltrite Far East, Inc.     | Delaware                          
|                                     | 57 River Street                    |             
|Wellesley Hills, Massachusetts 02481 |                                   
|                                     |                                    |             
|                                     |                                    |             
|Majestic Jewelry, Inc.               | Delaware                          
|                                     | 57 River Street                    |             
|Wellesley Hills, Massachusetts 02481 |                                   
|                                     |                                    |             
|                                     |                                    |             
|Ocean State Jewelry, Inc.            | Rhode Island                      
|                                     | 57 River Street                    |             
|Wellesley Hills, Massachusetts 02481 |                                   
|                                     |                                    |             
|                                     |                                    |             
|K &M Associates L.P.                 | Rhode Island                      
|                                     | 425 Dexter Street                  |             
|Providence, Rhode Island 02907       |                                   
|                                     |                                    |             
|                                     |                                    |             
|Aimpar, Inc.                         | New York                          
|                                     | 57 River Street                    |             
|Wellesley Hills, Massachusetts 02481 |                                   
|                                     |                                    |             
|                                     |                                    |             
|ABTRE, Inc.                          | Tennessee                         
|                                     | 57 River Street                    |             
|Wellesley Hills, Massachusetts 02481 |                                   









|Ideal Tape Co., Inc.                            | Delaware                  
|----------------------------------------------- | --------------------------
|                                                | 1400 Middlesex Street     
|Lowell, Massachusetts 01851                     |                           
|                                                |                           
|                                                |                           
|American Biltrite Intellectual Properties, Inc. | Delaware                  
|                                                | 103 Foulk Road,  Suite 200
|Wilmington, Delaware 19803                      |                           
|                                                |                           
|                                                |                           
|K & M Trading (H.K.) Limited                    | Hong Kong                 
|                                                | 20F Alexandra House       
|                                                | 16-20 Chater Road         
|Central Hong Kong                               |                           
|                                                |                           
|                                                |                           
|ABItalia, Inc.                                  | Delaware                  
|                                                | 57 River Street           
|Wellesley Hills, Massachusetts 02481            |                           
|                                                |                           
|                                                |                           
|Abimex, LLC                                     | Delaware                  
|                                                | 57 River Street           
|Wellesley Hills, Massachusetts 02481            |                           
|                                                |                           
|                                                |                           
|K &M Legendary Services, Inc.                   | Delaware                  
|                                                | 425 Dexter Street         
|Providence, Rhode Island 02907                  |                           
|                                                |                           
|                                                |                           
|425 Dexter Associates, L.P.                     | Rhode Island              
|                                                | 425 Dexter Street         
|Providence, Rhode Island 02907                  |