Magnetic tool holder, works great, I also recommend you to buy and use a small manual demagnetizer, otherwise your tools can sometimes interfere with each other. I drilled and screwed it onto a metal workbench at a machine shop and it works great. . It is highly recommended to screw something strong like heavy wood, metal or wall studs. I highly recommend not attaching this with VHB tape or other adhesives, instead using mechanical fasteners.