The Lisle Corporation Multi-position Magnetic Cup, No. 67300, has a strong magnetic base that attaches securely to any ferrous metal object. The item keeps nuts, bolts, tools or parts close by because it can attach horizontally, vertically or in any angle in between. The magnet has a coating to protect work surfaces, is oil and fuel resistant and can hold up to 5 lbs in a vertical position. The 6" diameter cup is made of ABS plastic for durability.