ALEXANDRIA, Va., May 12 -- United States Patent no. 12,623,293, issued on May 12, was assigned to Iscar Ltd. (Tefen, Israel).

"Tool holder having a cylindrical fixation bore extending rearwardly from a front fixation surface and a fastening bore intersecting the front fixation surface" was invented by Herbert Volk (Vaihingen-Horrheim, Germany) and Patrick Schoffel (Vaihingen-Horrheim, Germany).

According to the abstract* released by the U.S. Patent & Trademark Office: "A tool holder has a holder body, a first clamping member, and a first fastening member. The holder body includes a fixation portion and a mounting portion located rearward of the fixation portion. The fixation portion has a front fixation surface facing in a forward directi...