This is a good tool rack for the money. Only take away is from the instructions, it said to use a 5/8" drill bit when making holes to mount on the wall. Using a 5/8" bit makes the hole to big (loose) for the supplied anchors. I recommend using a 1/4" bit to make a slightly smaller hole and carefully use a hammer to insert the anchors for a snug fit which will prevent the anchors from spinning in place when trying to tighten the screws. No need to locate studs for mounting on a wall unless requiring support for heavier tools. Keep in mind the sturdiness of the rack itself for heavier loads. Rated load is a total load-bearing capacity of up to 300LBS.