A cutting tool includes a hole saw, a pilot bit, and an arbor assembly. The assembly includes a shank having a first end and a second end. The first end of the shank is removably coupled to the hole saw and to the pilot bit, and the second end of the shank is configured to be coupled to a power tool. The assembly also includes a sleeve moveable along the shank and a first ball bearing disposed on the sleeve. The first ball bearing engages the hole saw to releasably secure the hole saw to the shank. The assembly includes a second ball bearing disposed on the shank. The second ball bearing engages the pilot bit to releasably secure the pilot bit to the shank. When the sleeve moves toward the second end of the shank, the first and second ball bearings disengage the hole saw and the pilot bit.

A cutting tool includes a hole saw, a pilot bit, and an arbor assembly. The assembly includes a shank having a first end and a second end. The first end of the shank is removably coupled to the hole saw and to the pilot bit, and the second end of the shank is configured to be coupled to a power tool. The assembly also includes a sleeve moveable along the shank and a first ball bearing disposed on the sleeve. The first ball bearing engages the hole saw to releasably secure the hole saw to the shank. The assembly includes a second ball bearing disposed on the shank. The second ball bearing engages the pilot bit to releasably secure the pilot bit to the shank. When the sleeve moves toward the second end of the shank, the first and second ball bearings disengage the hole saw and the pilot bit.

A coated hole cutter including an ink-based colored coating applied only to the external surface of the cylindrical blade body of the hole cutter, but not to the surfaces of a circumferentially-extending cutting edge or to the interior surface of the blade body. The ink-based color coating is an ultraviolet activated ink that cures when the coating is exposed to a specific ultraviolet light intensity and wavelength. At least the surfaces of the cutting edge and the internal surface of the blade body, which do not include the coating, have a steam tempered oxide finish that imparts a color that contrasts with the color imparted by the coating.

A cutting tool includes a hole saw, a pilot bit, and an arbor assembly. The arbor assembly includes a shank, a body, a first engagement member moveable relative to the shank, the first engagement member engaging the hole saw to releasably secure the hole saw to the shank, and a second engagement member moveable relative to the shank, the second engagement member engaging the pilot bit to releasably secure the pilot bit to the shank. The body is moveable to a first position where the hole saw and the pilot bit are secured to the arbor assembly, to a second position where the first engagement member disengages the hole saw, allowing removal of the hole saw from the shank, and to a third position where the second engagement member disengages the pilot bit, allowing removal of the pilot bit from the shank.

A cutting tool may include a cutting accessory defining an opening and a channel formed on an inner surface of the cutting accessory. A cutting tool may include an arbor assembly including a shank having a first end received in the opening of the cutting accessory and a second end configured to be coupled to a power tool, a body movable relative to the shank, and an engagement member movable with the body relative to the shank, the engagement member configured to selectively engage the channel of the cutting accessory to releasably secure the cutting accessory to the shank.