Most of us have misplaced a pair of pliers on the workbench, especially when you have limited space. Here is a simple solution, and I mean simple. You should be able to build this out of a scrap piece of wood in about 5 minutes.
It’s just a 2Ã—4 block with 1/2â€³ holes drilled in at regular intervals (Forstner bit makes nice flat bottoms), spaced for the at-rest width of my pliers handles and as close together as is easy to reach in and pluck out the one I want.
If you just need a little more information on the build – Link
Beer can peg board holder – Link.
Pegboard workbench organizer – Link.
Make – Volume 05 – The Quick and Dirty (Page 110) – Link.
MAKE Volume 05: Science, Weather, and Outdoors. Homemade electric vehicles, high-powered water rockets, electricity-generating windmill, jet engine in a jam jar, and a backyard zip line! Link & Get it at the Maker Store.