Abstract: Disclosed herein is a unique carrier for mounting on a rotatable spindle an annular saw blade possessing a cutting edge on its inner periphery and a plurality of annularly distributed mounting holes. The carrier includes a chuck for mounting on the spindle and for clamping the blade to the chuck. Formed in the annular clamp are a plurality of screw holes disposed for alignment with others of the mounting holes. The screw holes are threaded to receive mounting screws and have minimum diameters smaller than those of the mounting holes with which they are aligned while the alignment holes have minimum diameters equal to those of the mounting holes with which they are aligned. Centering of the blade on the annular clamp is accomplished by merely passing through the mated alignment and mounting holes an alignment tool having a diameter equal thereto. Subsequently, the clamping of the blade is achieved by inserting and tightening mounting screws in the mated screw and mounting holes.