Perfect for use with Kreg pocket hole jigs, this clever little device is for magnetising and demagnetising screwdrivers and driver bits.
Slide the screwdriver back and forth a few times through the 'magnetise' hole and it will become magnetic so your screws stick to it.
To reverse the process, simply pop it through the other hole, rub it up and down and the magnetic properties are removed.
Cheap, effective, saves faffing about.
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Great little gadget