Powerful lever action punches with ease. Adjustable margin depth gauge offers versatility. Adjustable ruled paper guide ensures exact centering. Preset 2 3/4" center to center. Removable large capacity chip pan. Nonskid feet. Heavy-gauge steel base. Sheet Capacity: 40; Operating Method: Manual; Number of Holes: 2; Hole Diameter: 9/32 in. Manufacturer’s one-year warranty. Includes one punch.