Build a Modular Pegboard Tool Caddy
Small hand tools have a way of disappearing across the workbench. This compact pegboard tool caddy provides a simple solution by keeping frequently used tools organized, visible, and within easy reach.
Better yet, the storage can be rearranged as your needs change. Adjustable dowels divide the interior for larger tools, while magnetic strips and extended dowels provide convenient storage around the outside.
Build the Pegboard Caddy
The basic caddy consists of pegboard sides captured in grooves cut into four corner posts.
When cutting and assembling the sides, make sure the holes on opposite pegboard panels line up. This allows 1/4"-diameter dowels to pass completely through the caddy.
The dowels create adjustable dividers inside the organizer. Position them close together for small tools or skip a row of pegboard holes to make room for larger items.
Leave some of the dowels extra long and they'll do double duty as convenient pegs for hanging wrenches and other small hand tools.
A 3/4"-thick plug screwed to the caddy helps keep the assembly square.
Add Magnetic Storage for Small Tools
The outside surfaces offer even more storage space.
Self-adhesive magnetic strips attached to the pegboard provide a handy spot for small metal items that might otherwise get lost in a drawer or on the benchtop.
They're especially useful for keeping driver bits, a metal rule, jigsaw blades, and other small accessories visible and easy to grab.
Keep Frequently Used Tools Within Reach
The real advantage of this tool caddy is its flexibility. The pegboard and removable dowels let you rearrange the interior as your tool collection changes, while the outside surfaces provide additional hanging and magnetic storage.
Set the caddy on a rotating base, and you can quickly spin it around to reach whatever tool you need.
It's a simple weekend shop project that makes good use of a small footprint — and helps keep frequently used tools from taking over your workbench.
Shop Storage & Organization
A well-organized shop makes woodworking easier, safer, and more enjoyable. From clever tool holders to space-saving storage solutions, discover practical tips to reduce clutter, maximize your available space, and keep your tools and supplies within easy reach.
EXPLORE MORE SHOP STORAGE TIPS → Smart Storage Ideas for a More Organized Workshop
