I have a couple of drill presses that came of of these tool sale trucks that come around ever so often. They are fine for just drilling holes. I use a Clausing drill press that I picked up at an auction a long time ago. I put an Albrecht keyless check on it. It really does a lot better job than any Jacobs chuck I have ever seen. For drilling heat treated steel, nothing compares to a magnetic drill press. I bought my first one 30 years ago. Wore two of them out and still have 3 of them. Jancy was recently bought out by Fein and I think their quality got better. The last one I bought is their USA
http://www.jancy.com/en_us/jhm-series/jhm-usa-5-06/ I bought a bunch of 5/8 and 3/4 cutters, coolant and cutting cream when Zoro tools had their 30% off sale a few days ago. 30% off was a heck of a deal on stuff that normally never goes on sale.
