We received word that Craftsman is coming out with a new C3 cordless 3/8″ impact wrench. The impact is powered by Craftsman’s C3 19.2V battery platform, and its compact size allows it to fit into tighter spaces than a standard 1/2″ impact wrench.

The new Craftsman impact wrench features a 3/8″ square drive with anvil retention ring, variable speed 0-2500 no-load RPM gearbox, 130 ft-lbs torque rating and it can deliver 0-2500 IPM. There is also a new mid-handle design with over-molded grip for improved comfort, and an LED work light helps illuminate dim work areas.

The impact wrench will be available as a separate add-on tool (32742) or as a kit (32741) that comes with a Ni-Cd battery and charger. MSRP is $80 for the add-on, $130 for the kit. ETA is said to be Q2 2012.