Hawk Corporation EXHIBIT 12.1

Computation of ratio of earnings to fixed charges

	Nine Months ended
	September 30,				Year Ended December 31,
(Dollars in thousands)	2004		2003		2003		2002		2001			2000		1999
Pre-tax income (loss) from continuing operations	$	7,480	$	3,733	$	406	$	136	$	(3,154	)	$	11,454	$	10,719
Fixed Charges:
Interest expense		7,107		7,170		9,571		9,686		9,469			9,016		9,409
Amortization of deferred financing costs		581		914		1,181		680		612			612		612
Interest relating to rental expense		245		247		325		310		376			431		283
Total fixed charges		7,932		8,330		11,077		10,676		10,457			10,059		10,304
Earnings available for fixed charges	$	15,412	$	12,063	$	11,483	$	10,812	$	7,303		$	21,513	$	21,023
Ratio of earnings to fixed charges		1.9x		1.4x		1.0x		1.0x		—			2.1x		2.0x

The additional earnings required to cover fixed charges would have been $3,154 for the year ended December 31, 2001.