Abstract: A tool carousel is provided comprising a carousel wheel mounted on a shaft of the tool carousel, a series of holders mounted to and distributed around the periphery of the carousel wheel to hold, respectively, a series of individually removable tools. Carousel locator formations are distributed at intervals around the carousel wheel, whereby the carousel wheel can be rotated or indexed to any desired rotational position corresponding to a selected one of the tools. The carousel wheel of the tool carousel comprises several individual elements, each of a molded plastic material, arranged in a ring side-by-side with each other around the shaft, each element extending radially outwardly from the shaft. A radially outer part of each element is connected or joined to a correspondingly radially outer part of each of two adjacent elements, one on either side thereof, the elements having portions of the carousel locator formations formed integrally therewith and having the holders formed integrally therewith.