It would be an idea to cut the tool holder hole into the toolbar so that it is as close to as possible slightly above center.
I would then fill the hole with a plug and weld it in, so that the tool holder is supported on all sides and not just rely on set screws to hold it.
I would then fill the hole with a plug and weld it in, so that the tool holder is supported on all sides and not just rely on set screws to hold it.