Hang up shower curtain rings Old-fashioned shower curtain rings can organize and conveniently display nuts and washers on your pegboard. Load up the rings, add a tape label, and hang them near the wrenches. You can also toss them in a nail apron for on-the-go repairs.
PVC tool holder/caddy (this one's used in my stained glass studio). Made from 2.5" lengths of 1" PVC pipe attached to MDF with screws. Each piece of PVC was angle cut at one end so the screw was easily accessed.
Double-Duty Shelf Brackets - Shelf brackets designed to support clothes hanger rods aren't just for closets. The rod-holding hook on these brackets comes in handy in the garage and workshop too. You can bend the hook to suit long tools or cords. Closet brackets are available at home centers and hardware stores.