Wall Tape Dispenser Woodworking Plan, Shop Project Plan | WOOD Store My father made something similar and used plastic bins to hold screws and other misc stuff.
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Tutorial: Drill Bit Storage and Gauge
Easily find the bit of the right size for the screw/dowel/nail etc………………………………. ***Instead of drilling a hole in the side, just take out the drill bit and check the size of the hole!!****