A fastener driving tool is provided for driving a fastener onto a threaded rod. The fastener driving tool includes a housing, and an input shaft rotatably supported by the housing. The input shaft defines a first rotational axis. An output member is rotatably supported by the housing. The output member is configured to rotatably support the fastener. The output member is configured to receive the fastener and a portion of the threaded rod. A transmission assembly is operatively coupled between the input shaft and the output member. The transmission assembly is configured to convert an input torque from the input shaft about the first rotational axis to an output torque about a second rotational axis acting on the output member. The second rotational axis is disposed at an angle relative to the first rotational axis.