ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,434,306, issued on Oct. 7, was assigned to TaeguTec Ltd. (Daegu, South Korea).
"Cutting tool assembly" was invented by Sang Young Lee (Daegu, South Korea).
According to the abstract* released by the U.S. Patent & Trademark Office: "A cutting tool assembly includes: a tool body extending in a longitudinal direction; a lower jaw extending and protruding forward from the tool body; a clamping portion disposed to be spaced apart from a top surface of the tool body; an upper jaw extending forward from the clamping portion and facing the lower jaw; an elastic connecting portion elastically connecting the tool body and the clamping portion to each other on a rear side of the clamping portion...