Vermont American 15483 11-Inch Flexible Magnetic Bit Holder The item is Vermont American 15483 11-Inch Flexible Magnetic Bit Holder Used for Power Tool Accessories, Drill Bits & Accessories The product is manufactured in Taiwan Use magnetic bit holders with insert bits to convert any variable-speed drill into a power screwdriver The magnetic shaft holds the bit securely while allowing for quick and easy bit changes Can be used with any 1/4-Inch hex insert bit