Features and Benefits: 3) 3/8′ Cutters; fit 3/8′ and 1/2′ hand held drillchucks. Arbor Assembly (11123) with skip proof Pilot. Extra pilot included.Made of M2 High Speed Steel. Made in the USA. These annular tools cut clean,burr-free and round holes fast unlike twist drills that push or hole saws thattear through materials. There’s no dead zone, so less thrust is required andno deforming of stock or jagged edges occurs. The cutters are for the heavy-duty use in sheet metal and materials up to 1/2′ thick. Multiple cuttingteeth, precision ground which allows for a long tool life. These cutters arepackaged in a plastic carrying case.