Time to get serious.
Looked at the Oliver site.
Your machine is equipped with a 7-1/2HP, single phase motor and 38 FLA is quite reasonable.
You want to hard wire this piece of equipment, forget plug and receptacle.
You want a dedicated circuit coming from the panel.
If it was my shop, I'd invest in a magnetic motor starter for a 7-1/2HP motor complete with low voltage (120V) control.
Wiring in from an overhead drop is NBD, that's why SealTite was invented.
You need an industrial electrician, not some residential type contractor.
It's a piece of cake if you know what you're doing.
It will cost a few $, but then again, so did the planer.
Have fun.
Lew