ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,440,960, issued on Oct. 14, was assigned to Apex Brands Inc. (Apex, N.C.).

"Tool container with magnetic retention assembly for lid" was invented by Nicholas Ryan Imsand (Huntersville, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A tool container may include a container portion that includes a front wall, sidewalls, and a rear wall. The tool container may further include a lid hingedly attached to the rear wall, a mobility assembly including wheels and a handle assembly, and a magnetic retention assembly configured to hold the lid proximate to the handle assembly to retain the lid in an opened position."

The patent was filed on Aug. 4, 2021, und...