Parts and components for machine tools, namely, chip removing tools for cutting machines, lathes, milling machines and boring and drilling machines; wood working tools, namely, chip removing tools for cutting machines, lathes, milling machines and boring and drilling machines; tools for chipless machining processes and techniques, namely, rolling mills, drawing machines, punching machines and forming machines; stone working tools, namely, drills and inserts for drilling and cutting machines; power operated circuit board drills; power operated paper cutting tools; tooling systems comprised of tool holders and cutting, turning, milling, boring and drilling inserts to be placed in tool holders for power operated tools; wearable machine tools for processing wood, stone, metal and plastics all for power operated machines