Abstract: A bit holder assembly for a rotary hand or powered tool, includes a body having a hex shank at its rearward end and a retraction collar slidably disposed on the body. The body has a coaxial hex socket formed therein to allow a tool bit to be inserted thereinto. A coil spring biases the retraction collar forwardly and biases a retaining clip toward the bottom of an angular slot formed in the body. The bit is removed by sliding the retraction collar rearwardly, to compress the coil spring and allow the retaining clip to retract back up the slot. A ring magnet is disposed at the forward end of the retraction collar to magnetize a fastener to retain the fastener to the bit.

Abstract: A tool bit assembly includes a tool bit having a shaft with a first working region disposed at a first end of the shaft and a first reduced diameter portion proximate the working region and disposed between a first shoulder and a second shoulder. A floating sleeve has a rear portion with a pair of opposed window openings, a front portion supporting a magnet, and a pair of balls, with each ball disposed in one of the window openings. The floating sleeve is receivable over the tool bit with the magnet proximate the first working regions and the balls received in the first reduced diameter portion to allow the floating sleeve to move between a first position in which the balls abut the first shoulder and a second position in which the balls abut the second shoulder.

Abstract: A bit holder assembly for a rotary hand or powered tool, includes a body having a hex shank at its rearward end and a retraction collar slidably disposed on the body. The body has a coaxial hex socket formed therein to allow a tool bit to be inserted thereinto. A coil spring biases the retraction collar forwardly and biases a retaining clip toward the bottom of an angular slot formed in the body. The bit is removed by sliding the retraction collar rearwardly, to compress the coil spring and allow the retaining clip to retract back up the slot. A ring magnet is disposed at the forward end of the retraction collar to magnetize a fastener to retain the fastener to the bit.

Abstract: A threaded fastener driving tool includes a proximal end portion, a distal driving head, and a torsion zone extending proximally from the driving head, The distal driving head has a central portion and a plurality of driving surfaces. Each pair of adjacent driving surfaces define a driving space therebetween. The driving surfaces and driving spaces are configured to engage a threaded fastener. The torsion zone includes a plurality of helical grooves bounded by non-cutting surfaces, each helical groove in communication with and extending proximally from at least one of the driving spaces. The helical grooves are configured to untwist and cause lengthening of the torsion zone when an input torque applied to the proximal end portion is insufficient to overcome an output resistance torque at the driving head. The torsion zone may comprise a plurality of twisted wires or cables. A method of manufacturing the driving tool is disclosed.

Abstract: A tool bit holder assembly includes a shank receivable in a tool holder of a rotary tool, and a body defining a socket that removably receives a tool bit. An annular recess, defined in an exterior surface of the body, has a front and rear shoulders and an axial length. A floating sleeve with a ring magnet at its front end is slidably received over the body with an elastic retainer movably received in the annular recess. The elastic retainer has an axial length less than the axial length of the annular recess to enable the sleeve to float axially between a rear position where the retainer abuts the rear shoulder and a front position where the retainer abuts the front shoulder. The sleeve is axially moveable rearward from the rear position to a parked position where the elastic retainer engages the body rearward of the rear shoulder.

Abstract: A threaded fastener driving tool includes a proximal end portion, a distal driving head, and a torsion zone extending proximally from the driving head, The distal driving head has a central portion and a plurality of driving surfaces. Each pair of adjacent driving surfaces define a driving space therebetween. The driving surfaces and driving spaces are configured to engage a threaded fastener. The torsion zone includes a plurality of helical grooves bounded by non-cutting surfaces, each helical groove in communication with and extending proximally from at least one of the driving spaces. The helical grooves are configured to untwist and cause lengthening of the torsion zone when an input torque applied to the proximal end portion is insufficient to overcome an output resistance torque at the driving head. The torsion zone may comprise a plurality of twisted wires or cables. A method of manufacturing the driving tool is disclosed.

Abstract: A driver for driving a threaded fastener includes a shank and a sleeve. The shank has a rear portion configured to be coupled to a power tool. The sleeve defines a bore having a round rear portion and a polygonal front socket. An inner shaft has a round rear portion received in the bore and a polygonal front portion that matches the polygonal socket and that includes a magnet holder with front and rear magnetic portions. An actuator is coupled to the inner shaft to move the inner shaft between a rear position where the front magnetic portion is within the socket, and a front position where the front magnetic portion is exposed from the socket for cleaning. The rear magnetic portion magnetically attracts the inner shaft toward a rear end of the internal bore to bias the inner shaft toward the rear position.

Abstract: A bit holder assembly for a rotary hand or powered tool, includes a body having a hex shank at its rearward end and a retraction collar slidably disposed on the body. The body has a coaxial hex socket formed therein to allow a tool bit to be inserted thereinto. A coil spring biases the retraction collar forwardly and biases a retaining clip toward the bottom of an angular slot formed in the body. The bit is removed by sliding the retraction collar rearwardly, to compress the coil spring and allow the retaining clip to retract back up the slot. A ring magnet is disposed at the forward end of the retraction collar to magnetize a fastener to retain the fastener to the bit.

Abstract: An impact resistant tool or tool bit holder has an active end for driving a fastener and a shanking end for securing to a power tool. The active end includes a body with a bore to receive the shank and a pocket to receive a damping mechanism. The shank includes an end to engage the bore in the body, and a pocket to receive the damping mechanism. The shank is received in the bore in the body for limited rotation with respect to the body. A damping mechanism is positioned in the pockets to provide damping between the body and the shank during torque loading.

Abstract: A driving tool assembly includes a drive component adapted to be connected to a power tool or hand tool. A driven component is pivotally connected to the drive component and is adapted to receive a tool bit, drill bit, or otherwise provide a nut driver or socket wrench. A locking mechanism is provided for lockingly engaging the driven component to be in co-axial alignment with the drive component. The drive component includes a shaft or a mandrel having a driving shank formed or provided on one end thereof. The driving shank has a non-circular cross-section formed or defined by three or more curved and planar sidewalls. The number of sidewalls preferably includes three, four or six sidewalls, for engaging with a non-circular cavity of the driven component.

Abstract: A universal tool shank can include an elongate body having first and second portions. The first portion can include at least one flat thereon for engagement with a recess in a first tool. The second portion can include at least one protrusion extending radially outwardly therefrom for engagement with a recess in a second tool. The first and second portions can be disposed axially apart from one another.

Abstract: A universal tool shank can include an elongate body having first and second portions. The first portion can include at least one flat thereon for engagement with a recess in a first tool. The second portion can include at least one protrusion extending radially outwardly therefrom for engagement with a recess in a second tool. The first and second portions can be disposed axially apart from one another.

Abstract: A universal tool shank can include an elongate body having first and second portions. The first portion can include at least one flat thereon for engagement with a recess in a first tool. The second portion can include at least one protrusion extending radially outwardly therefrom for engagement with a recess in a second tool. The first and second portions can be disposed axially apart from one another.

Abstract: An impact resistant tool or tool bit holder has an active end for driving a fastener and a shanking end for securing to a power tool. The active end includes a body with a bore to receive the shank and a pocket to receive a damping mechanism. The shank includes an end to engage the bore in the body, and a pocket to receive the damping mechanism. The shank is received in the bore in the body for limited rotation with respect to the body. A damping mechanism is positioned in the pockets to provide damping between the body and the shank during torque loading.

Abstract: A storage case allows access to the accessories therein regardless of the length of the accessories. The case may be telescopic such that the length of the case may be adjusted to store accessories of various lengths and to facilitate the access to these accessories. The storage case may have fixed dimensions with a slidably removable wall that allows easy access to the accessories stored therein. The storage case may be fixed in dimension and has panels with multiple hinges that allow the different hinges to provide varying degrees of access to the accessories therein. The storage case may be fixed in dimension and have a pivotal sidewall that may be pivoted to allow access to the accessories stored therein.

Abstract: A rotary tool includes a tool holder, a reversible bit, and an outer guide sleeve. The tool holder includes a socket and a shank. The socket includes an opening extending rearwardly from an end thereof. The shank is integral with and extends rearwardly from the socket and includes a non-circular cross-section. The reversible bit includes an inner sleeve, a first reversible bit driver, and a second reversible bit driver. The inner sleeve is disposed within the socket and rotates with the tool holder. One of the first and second bit drivers contains a bit having an end extending axially out of the socket opening. The outer guide sleeve is slidably coupled to and disposed over the socket. The outer guide sleeve is displaceable from a first position where a portion of the bit end extends outwardly beyond a first end of the outer sleeve to a second position where the bit end is completely disposed within the outer guide sleeve.

Abstract: A rotary tool includes a tool holder, a reversible bit, and an outer sleeve. The tool holder includes a socket and a shank. The socket includes an opening extending rearwardly from an end thereof. The shank is integral with and extends rearwardly from the socket and includes a non-circular cross-section. The reversible bit includes an inner sleeve, a first reversible bit driver, and a second reversible bit driver. The inner sleeve is disposed within the socket and rotates with the tool holder. One of the first and second bit drivers contains a bit having an end extending axially out of the socket opening. The outer sleeve is disposed over the socket and includes a first end having an opening. The bit end extends outwardly beyond the outer sleeve opening a distance equal to a desired depth of a drywall dimple.