On the other hand, the magnet works well enough to be attached vertically to a pole or similar. Plus, the whole piece is just the right weight. However, this is anything but ergonomic. This tool holder is expected to move around the workshop, so it's important to pick it up and exit quickly. Two things prevent this: 1) it's slightly conical in shape - the bottom is wider than the top, and 2) the colored part is made of very smooth and shiny plastic with very little grip. Even if 30% of the stuff was full of beats, I hated pulling them off the surface to get them off me. It was even bad when it was on a wooden surface and worse when it was on a metal surface because of the magnet. Overall I hated it every time I touched it. Total failure.
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