We've seen arm bands before with magnets attached to them. Though they are meant for holding onto nails and whichever other materials that can be held. We are working to Design a product that can not only hold nails and screws, but also drill bits, using this Example as a reference, we plan to make holders to provide workers with a wrist band that is both lighter in weight and has more pouches to hold various materials they may find at work. See the image on the right for reference.