ALEXANDRIA, Va., June 12 -- United States Patent no. 12,296,457, issued on May 13, was assigned to Milwaukee Electric Tool Corp. (Brookfield, Wis.).
"Tool bit storage system" was invented by Zachary W. Richman (Milwaukee), Grant T. Squiers (Cudahy, Wis.) and Scott D. Eisenhardt (Milwaukee).
According to the abstract* released by the U.S. Patent & Trademark Office: "A drill bit cooling system is provided. After drilling use, the drill tip of a drill bit reaches higher temperatures than a shank or flute of the drill bit. Compartments are provided that are sized in length and width (diameter) to accommodate the drill bit and a cover or back plate with an increased melting temperature facilitates the storage of hot drill tip. By using differe...