to form the insert housing 34 the insert 34 is then slidably placed within housing 12 by aligning the protrusions 32 of the housing 12 with the slots 72 the clip 74 engages the interior of the end wall 16 of the housing such that the insert 34 is releasably secured within the housing 12 the insert 34 is inserted a sufficient depth such that space within the hollow interior of housing 12 below the insert 34 forms the second compartment 38 a plurality of punches 65 are inserted through the apertures 64 of the insert 34 for storage and transportation within the first compartment 36 the design of the slots 66 along with the sloped portions 68 and the support members 69 orient the punches 65 and assist in maintaining them in a vertical upright position likewise a plurality of dies 86 are inserted through door 40 for storage within the second compartment 38 the bottom 18 of housing 12 slopes downwardly toward the door 40 to facilitate unloading of the dies when needed in an alternative embodiment the punches and dies are retained in the first compartment 36 while a removable cleaning tray is placed in the second compartment 38 in place of punches 65 desicant tablets 88 are inserted in some of the apertures 64 to.