Abstract: A tool hanging rack for attaching to a verticle surface consists of an elongated member forming a C-shaped channel and one or more tool hanger assemblies consisting of one or more nuts which can slide within the C-shaped channel and one or more support rod base plates which can be connected to the nuts by bolts or screws and tighted securely against the elongated member at desired positions along the channel so when the tool hanging rack is fastened to a verticle wall, the support rods are angled upwards and can support tools or other objects. In a second embodiment, the tool hanger assembly comprises a base plate having a front and back surface and a support rod secured at an angle to the front surface. The base plate is manufactured just small enough to slide within the channel of the elongated member with the support rod extending through the front wall opening.