2-3/8″ capacity magnetic drill press is heavy duty industrial grade quality for your metal fabrication needs. Equipped with variable speed and 2 speed gear box you will always be in the right speed. Oil bath gear housing for long life. MT3 arbor so you can easily place in other tooling or switch quickly to a chuck for twist drill bits. Long stoke so you can place cutters in as large as 6″ depth of cut for long reach. High precision rail and guide system eliminates vibration and allows for durability and quality hole drilling. Magnet footprint is small yet with high magnetic holding power (4100 lbs.) compared to competition. 2-9/16″ countersinking and 15/16″ twist drill bit capacity.