Remember the FastCap folding chisels? Fastcap is now offering a complete kit with all four chisels, two putty knives, and a 300/600 grit sharpener. The kit even includes a storage case for an extra line of protection and organization.

You can pick up the kit for around $80 online or you can win a set for free. FastCap is giving away one Pocket Chisel Kit to a person chosen at random from all of their Twitter followers and Facebook Fans. So all you have to do is head over to one or both of those sites and add FastCap as a friend before August 31st.

Pocket Chisel Kit - Amazon

Twice a year LumberJocks (a woodworking community) hosts build-off contests for its members. Each contest is different and asks the community to build useful and unique woodworking projects. This summer's task is to build a Garden Bench.

Whether you live in an apartment or on a grand estate a garden bench is the perfect place to sit, relax, and savour life's gifts. Create the ideal bench for your outside environment and join our Summer Awards! Be sure to describe why you selected the design and show us the finished product in its new home.

While most contests only reward the top 1-3 entries, LumberJocks rewards the top10. Prizes include

• 1st place - 5-Piece Picture Frame Bit Set & Build-A-Box Value Package by Eagle America
  
• 2 nd place - Archive DVDs by Fine Woodworking
  
• 3rd place - Stock Electric Branding Iron by Custom Branding Iron
  
• 4th place - SkilSaw by Skil
  
• 5th place - Home Run Four Pak and Maple Marking Gauge by Major League Woodworking
  
• 6th place - BowlSaw by Steussy Creations
  
• 7th place - $75 Certificate by Lee Valley
  
• 8th place - Lit-ion Power Cutter by Skil
  
• 9th place - Lit-ion Screwdriver by Skil
  
• 10th place - $25 Certificate by Lee Valley

The contest runs for the entire month of July, so you better get started on your Garden Bench today. Head over to LumberJocks for complete rules and details.

Do you need tools, but are strapped for cash? Or maybe you're just too cheap to buy them for yourself. If you borrow more tools then you own, now is your chance to get some that you can call your own.

CPO Outlets, which sells certified pre-owned tools as well as new tools from all the major brands, is running a bunch of contests this summer. You could win up to $1200 to spend on CPO stores from most of the major brands, including Bosch, DeWalt, Makita, Milwaukee and more. Here is where it gets good... you can enter the giveaway for each brand, to increase your chances.

Here is how to enter. Head over to CPO Outlets, and click over to one of their different brand stores. Look for the Summer Sweepstakes banner or link in the sidebar, and fill out the entry form. Next, go to another store - lather, rinse and repeat. Good Luck

Lenox is giving away $500 worth of Lenox tools as well as some prizes for the runners up. All you have to do to enter is follow LenoxTools on twitter (and you should already be following ToolRank) or add them on Facebook. Very Simple. Good Luck.