Error: Failed to create the toolbox file

Note: While the Arctoolbox tools are still an option within the product, the introduction of LAS File Analyst in v2018.1 and the ReProject/Shift LAS PCT in v2017.1, the new tools provide more efficient and robust tools and are now the recommended tools to use.

Symptom: While installing the LP360 toolbox tools in the ArcToolbox an error is reported, "Error: Failed to create the toolbox file". Probably Resolution: Typically, Windows will not allow you to create the new toolbox in the “System Toolboxes” folder. It is recommended that you save the Toolbox in “My Toolboxes“, with the name ‘LP360 Tools’;