ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,521,798, issued on Jan. 13, was assigned to MILWAUKEE ELECTRIC TOOL Corp. (Brookfield, Wis.).
"Bit holder" was invented by Jeffrey M. Watts (Milwaukee).
According to the abstract* released by the U.S. Patent & Trademark Office: "A bit holder includes a body, a spring, a retaining member, and a collar. The body includes a first end and a second end. The body defines a longitudinal bore configured to receive a tool bit and an opening in communication with the longitudinal bore. The spring is disposed on the body. The retaining member is disposed in the opening and is configured to selectively extend into the longitudinal bore to retain the tool bit within the longitudinal bore. The col...