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I needed a machine that would give me the ability to make a specialized part for my motorized bike project. The part connects a 5/16" x 24 thread output stud to a 3/8" dia. driveshaft. It couldn't be found anywhere, so I needed to make it. I just happened to have an old craftsman tool with the right configuration to solve my problem, with some alterations and a mini lathe chuck I was able to build what I needed. The lathe chuck was the perfect addition to this machine because of it's ability to hold round stock or flat bar stock in perfect 90 deg. alignment with the drill chuck. This machine can now be used for boring, tapping inside threads and with threading dies for male threads. It can be powered by any drill for boring operations or operated manually for tapping and threading.
Step 1
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The first step for this retrofit was to build and secure a mounting plate with a large pass through hole for long stock and four position holes that mate with long set screws attached to the back of the chuck. The lathe chuck simply drops into the position holes. I also flipped the beam over and where the original drill head attached, the top end of the shaft has been squared to accept a 1/4" socket extension.
I'll put it on my (way too) long list of projects.
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I found this instructable to very interesting. I see the old Port-Align leaving the drill box very soon!
It's similar to this one from axminster
http://www.axminster.co.uk/sieg-tapping-fixture-prod815802/
Why couldn't you drill the holes using the tailstock chuck in the lathe? It would be allot more accurate than this fixture, and in this application any inaccuracy causes vibration. You can also tap and cut threads using the die in the lathe, making sure the threads are perfectly square that way too.
I did something similar to this in step 4 of this Instructable, but with only a drill press and an adjustable wrench. The difference is you are making the female threads, while I was making male threads.
I want one!