Abstract: The present invention relates to an improved universal multiple angle work piece holder which is capable of setting an object at any desired compound angle so that the object may be machined at any desired location. The invention further relates to an apparatus which can be securely adjusted in a manner that provides a firm support for the object to be machined and provides an angle adjustment design which allows the object to be machined to be adjacent the center lines of the universal multiple angle work piece holder. The present invention also relates to a tool which can easily be converted into other useful tools such as an indexing head to set a work piece at standard angles, a collet holder for use with machines such as a vertical milling machine or a surface grinder, or a dresser for use with a grinding wheel.