Consider taking the motor to a shop and having it rebuilt. While
rebuilding is normally reserved for the more expensive motors, it
might make sense for a "antique" motor as well. In fact, it's
usually easier to rebuild an old timer than the new stuff.
With the typical size drill press motor and the inexpensive replacement
cost I'd tend to think the OP would have a very difficult time finding a
motor repair shop willing to do the work. I've found the motor shops in
my area unwilling to repair anything under 2HP.
I'd check the contactors and cap, if present, before condemning the
motor as dysfunctional. Also wiring, power switch, etc. Never jump
to conclusions that will needlessly cost you money. Motor windings are
pretty durable unless overloaded or immersed. Bearings, capacitors,
and mechanical switches not so much.
As it turns out, the motor works fine. The motor just had some loose
wiring and needed a bit of cleaning from sitting so long. My friend
also apparently didn't know the wall outlet was never really hooked
up, wires just sitting in there capped. Once we got all that done, the
drill press ran fine. Now he wants to build a clamp and a couple of
jigs but has no saw so it's going to be fun.
I'm now poking around myself looking for a second hand motor that I
can set up to do some sanding and maybe grinding. Btw .. doesn't
appear to be any repair shops around here anymore. At least not within
50 miles. Don't know about you but I'm growing tired of the disposable
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