Abstract: A tool and parts tray having a shallow tray base, formed of bent and welded sheet metal, with first and second generally identical suspension strap members formed of sheet metal bent and configured for securing, such as by welding, to the bottom and adjacent side of the tray base. The lower ends of the suspension strap members are triangularly configured to provide a base portion of the triangle for affixing to the bottom, a leg portion perpendicular to the bottom and a hypotenuse portion providing bracing to the leg portion. The other end of the suspension strap member is disposed at a right angle to the leg portion. First and second generally identical L-shaped members formed of sheet metal are adjustably attached at the suspension ends of the suspension straps to form a hook for positioning over a suitable support, such as a cross beam of a hydraulic vehicle lift. A tool and parts holding means is provide in the form of depressions in the tray bottom or by means of magnetic strips in the tray bottom.