Exhibit 12



BGF Industries, Inc.



Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)



|                                                      |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|----------------------------------------------------- |  | ------------------------------ | ------ | - | ---- | - | -------- | ---- |  | - | ------ | - | ---- | - | ------ |  | - | ------ | -
|                                                      |  | Fiscal Year Ended December 31, |       
|                                                      |  | 2003                           |        |   | 2002 |   |          | 2001 |  |   | 2000   |   | 1999 |  
|Earnings:                                             |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|Pretax income (loss) (a)                              |  | $                              | (3,036 | ) |      | $ | (129,012 | )    |  | $ | (4,946 | ) |      | $ | 13,932 |  | $ | 7,597  |  
|Add:                                                  |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|Fixed charges                                         |  |                                | 13,697 |   |      |   | 14,239   |      |  |   | 14,504 |   |      |   | 14,405 |  |   | 16,084 |  
|Capitalized interest                                  |  |                                |       |   |      |   |         |      |  |   | (227   | ) |      |   |       |  |   | (46    | )
|                                                      |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|                                                      |  | $                              | 10,661 |   |      | $ | (114,773 | )    |  | $ | 9,331  |   |      | $ | 28,337 |  | $ | 23,635 |  
|                                                      |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|Fixed Charges:                                        |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|Interest expense(b)                                   |  | $                              | 13,412 |   |      | $ | 13,926   |      |  | $ | 13,972 |   |      | $ | 14,168 |  | $ | 15,817 |  
|Capitalized interest                                  |  |                                |       |   |      |   |         |      |  |   | 227    |   |      |   |       |  |   | 46     |  
|Portion of rents representative of interest factor(c) |  |                                | 285    |   |      |   | 313      |      |  |   | 305    |   |      |   | 237    |  |   | 221    |  
|                                                      |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|                                                      |  | $                              | 13,697 |   |      | $ | 14,239   |      |  | $ | 14,504 |   |      | $ | 14,405 |  | $ | 16,084 |  
|                                                      |  |                                |        |   |      |   |          |      |  |   |        |   |      |   |        |  |   |        |  
|Ratio of earnings to fixed charges                    |  |                                |       |   |      |   |         |      |  |   |       |   |      |   | 2.0x   |  |   | 1.5x   |  

---

|(a) | Income (loss) before taxes and extraordinary loss.
|--- | --------------------------------------------------

|(b) | Includes amortization of debt issuance costs and original issue discount and excludes capitalized interest.
|--- | -----------------------------------------------------------------------------------------------------------

|(c) | One-third of rental expense.
|--- | ----------------------------