Abstract: A tool box has a bottom portion, a pair of side portions, a back portion, a front portion, and a cover rotatably mounted adjacent the back portion. The cover has a horizontal section and a slanted section sloping downwardly from the horizontal section. A partition plate is positioned in the interior of the tool box and has a peg sheet mounted thereto with a row of pegs extending upwardly from the top of the partition plate. The upper ends of the pegs contact or are in close proximity to the horizontal section of the cover when the cover is in its closed position such that tools disposed on the pegs are secured in position. A pair of compartments are positioned in the interior, one near the bottom of the box and one intermediate the bottom and the top, both having a cover structure disposed thereon with peg sheets for maintaining tools in secured and unsecured positions.