Laser Tools has released a new cordless power-tool storage rack to hook over the edge of tool cabinets or other metal storage units.

The holder features a strong rubber coated magnet on the lower support to both keep the holder in place and to protect the paintwork.
It holds up to three power tools, keeping them safe and accessible and saving storage space inside the tool cabinet.
A Laser Tools spokesperson said: “Manufactured from steel, this robust tool holder has a durable black powder-coat finish.
“It will latch onto any standard toolbox or storage unit that has a raised lip, and is secured by an ultra-high-performance neodymium iron boron (NdFeB) magnet.
“Laser Tools Racing branded, and as used by the Laser Tools Racing BTCC team, who need every tool to be in its correct place, when they reach for it.”