Patent attributes
Disclosed is a magnetic tool holder that can be secured to a pegboard. The tool holder includes at least one magnetic panel, a tool holder base including at least one base sidewall forming a closed structure, and a magnet holder for receiving the at least one magnetic panel such that, the magnet holder surrounds at least the longitudinal edges of the at least one magnetic panel leaving the top surface or surfaces of the at least one magnetic panel exposed. Further, the magnet holder is capable of being secured between the at least one base sidewall such that, the top surface or surfaces of the at least one magnetic panel and the top edge or edges of the at least one base sidewall are at the same plane level. Notably, the top surface or surfaces of the at least one magnetic panel is where tools are magnetically attached thereto.
