Whatcom County Sheriff's Sergeant Scott Huso says 30-year-old Preston Waters and 30-year-old Gavin Haggith were spotted by a deputy off of Thornton Road.
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One of the suspects, who had been hiding in a tree, gave himself up to deputies.
The second suspect was traced back to a home on Brown Road, where he was also arrested.
The tool box was found to have been stolen from a Habitat for Humanity home construction site in Ferndale.
Waters and Haggith were booked into Whatcom County jail on suspicion of trespassing, theft, and possession of stolen property.
One of the suspects, who had been hiding in a tree, gave himself up to deputies.
The second suspect was traced back to a home on Brown Road, where he was also arrested.
The tool box was found to have been stolen from a Habitat for Humanity home construction site in Ferndale.
Waters and Haggith were booked into Whatcom County jail on suspicion of trespassing, theft, and possession of stolen property.
Haggith has a long criminal history, including an assault involving a jogger near Ferndale in July.
