A blanking tool includes a lower blanking frame and a receiver tool. The lower blanking frame includes running rails and cross rails. A first cross rail extends substantially perpendicular to the first running rail and coupled to first and second running rails. A second cross rail is disposed substantially parallel to the first cross rail and coupled to the first and second running rails. The receiver tool includes receiver rails mounting assemblies. A first receiver rail is alongside and coupled to the first running rail. A second receiver rail is alongside and coupled to the second running rail. The second receiver rail is coupled to the second mounting assembly that is further operably coupled to the first frame member, and is further disposed on the second frame member. The mounting assemblies slide along the slot relative to one another when the mounting assemblies have an unlocked operational position.