ALEXANDRIA, Va., March 26 -- United States Patent no. 12,257,689, issued on March 25.

"Tool bit caddy" was invented by Gerard M. Verellen (Snover, Mich.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Caddy removably secures and stores tool bit not in use, and allows its storage again. It has body with well opening(s) extending in a first direction and releasably receiving at least a portion of the bit including a detent fixing member; passageway extending in communication with the well opening; and detent securing member movable in the passageway and penetrating into the well opening. The detent securing member has at least one lateral surface residing in the well opening when positioned in a first, bit-secu...