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Hole punch as many as 300 sheets. Manual, two-hole punch is a powerful, sharp cutting tool for any shared space. It has easy two-step punch operation and a cushioned handle. Durable metal construction ensures this paper punch can meet just about any demand with high quality results. Centers and punch heads are fixed. Center to center is 4 1/4". This punch creates two clean, evenly spaced 9/32" holes with each use. The handle also has the ability to lock in the down position for convenient storage in small spaces. Operating instructions are located conveniently on the punch base.