This compact magnetizer/demagnetizer uses powerful rare-earth magnets to instantly magnetize or demagnetize screwdrivers and bits, keeping fasteners firmly on the tip so you can work faster and with fewer fumbles on the job site. A single swipe in the appropriate slot is all it takes — no batteries, no setup. Compatible with most screwdriver types including precision, slotted, and Phillips, and it clips to your tool bag via the included stainless steel key ring.

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