Peachtree 7541 Magnetic Lathe Turning Tool Tray If you have ever reached for a tool on your lathe bed only to have it roll away or even worse, fall to the floor, then you know how frustrating it can be. With the Magnetic Base Tool Tray, your "roll away" tools are no more. The tray is secured with a strong magnetic base and it can be repositioned and adjusted quickly and easily. The Magnetic Base Tool Tray will not shimmy or vibrate loose. You can place up to 3 turning tools on the rack for easy access while turning. The tray will work with an Large flat magnetic base keeps tray stationary Fits three small or large turning tools Made from a durable plastic material The ideal solution for keeping often used tools close by when you're turning