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This tool is required to properly set the 46-1014 M8 drop-in anchor in the concrete. The Tool is placed inside the anchor and hammered in until the lip of the tool touches the lip of the anchor. This assures that the wings of the anchor have been forced open firmly against the walls of the hole in the concrete.
Note that the M8 bolt that is used to attach a bracket to the anchor does not contribute to the opening of the wings of the anchor to grab the concrete.