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It will be difficult to get a good quality 15HP rotary converter for less than $1000. Grizzly do sell one for $2100 but for some reason they are recommending a 30Hp model for the G0670 which is "Made especially for EVS or CNC machinery". I will check with their technical help department to see...
Ringmaster10 I just got back from a visit to Grizzly's showroom in Springfield MO and I will tell you that their G0740 14x40 toolroom lathe is a beauty. Its a Taiwanese lathe built by (I believe) Shun Chuan the same company that builds the Kent, Sunmaster, and other similar rebadged...
Best of luck with your new purchase. How do you like it since you have powered it up? I am thinking of purchasing the same machine. What type of Phase Converter did you go with?