Heavy-duty hole punch drills two or three holes through a full 300 sheets of 20 lb. paper. Preset for three-hole punching for standard three-ring binders. Just remove one drill for two-hole punching. Paper guide adjusts for letter-size or legal-size sheets. Adjustable margin depth gauge with lock moves holes farther off the margin when using binders over 3" in capacity. Unique design features an ergonomic rotating handle and two-stroke ratchet action for smooth and easy punching. Design also features a removable chip tray. No tools are needed to renew punch heads or punch discs. Punch comes with six replacement punch discs. 1 EA/BX.
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