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Precise Models 65 and Super 65 Drill Presses
Precise Ultra-high-speed Milling Machines

Manufactured by the Precise Products Corporation of both Racine, Wisconsin and Düsseldorf, Germany, the Precise Model 65 high-speed, high-precision drill press was a spin-off from the company's well-established range of hand-held portable electric tools. Details of the Company and its product can be found at the bottom of the page - reproduced from the writer's article on Precise milling machines.
Specially developed as an industrial-quality unit for prolonged and reliable use, the first of the Precise self-contained drill presses was a complex and expensive unit fitted with a variable-speed, 1/2 h.p. motor, that gave spindle speeds from 10,000 to 45,000 r.p.m. Speed was varied by a large dial on the right-hand face of the column with control of start and stop by a choice of a standard-fit manual push button, an optional-extra foot switch - or, to help with automated production processes, an electronically controlled, "momentary signal".
Control of the 1-inch quill feed was not by the usual handle or handwheel but a 40 to 60 lbs/sq/inch  air-hydraulic system, this arrangement allowing a drilling feed rate to be set that varied from one to one-hundred and twenty inches per minute.
The drill head was adjustable up and down on wide and so stable V-edged slideway machined into the front face of the heavy cast-iron column; the maximum distance between the end of the 0 to 5/32" capacity chuck being 4
3/8", the minimum distance 1/8" and the throat 85/16".
Accessories included collets in place of the precision drill chuck, sub-collets and a work light. The drill head could also be purchased as a separate unit for mounting on other machine tools, typically vertical millers, larger drill presses or incorporated into special machines where very fine work need to be done - examples of such adaptations of the maker's portable high-speed spindles can be seen on this page.
Fitted as standard to the Precise 65 was a built-in vapour coolant system complete with filter and a pressure gauge. Ground flat, without T-slots, the table measured 8" x 5".
In 1957 the drill was listed in the United States at an expensive $1075.00, an amount that would have bought a year's tuition at Harvard - or 125 shares in Berkshire Hathaway, today worth £25.4 million.

High-resolution pictures - may take time to open

The Precise Super 65 drill press. A later, much simpler version - though still able to run at 45,000 r.p.m. - fitted with lever-operated downfeed

Precise Products Corporation
Racine Wisconsin, USA

Founded in Racine, Wisconsin in 1941 with the title Precise Products Corporation, the Precise Company had its origins in Düsseldorf, Germany, when in 1882 an instrument maker, Adolph Schumann, founded Firma A. Schumann to manufacture scientific instruments and precision optical equipment. The skills necessary to succeed in such a field also allowed the Company, post-WW1, to move into the highly specialised area of accurate scale models of scientific and industrial projects used for exhibitions, research and sales. As any modern-day amateur model engineer or home-workshop owner knows, all small-scale jobs are greatly eased by possession of a lightweight, high-speed, hand-held drill-cum-grinder now universally known as a Dremel - as made by the Company of that name based in Racine and founded there in 1932. As no such devices were available to the Schumann Company, in the early 1930s Robert Schumann, son of the founder, developed his own, the first of a range of 30,000 r.p.m. units that were eventually to be sold through Europe using the trade name "Diros".
Just prior to WW2, in the late 1930s, Robert and his son, Helmut - both graduate electrical engineers - were in the United States to open a second plant, choosing Racine where, using superior American electrical equipment, they redesigned the original tool to give higher speeds - 45,000 r.p.m. - with greater power (1/7 h.p.) and improved accuracy. Housed in black plastic casings, this new design was advertised as the
Precise 35 with an even more powerful model, the Precise 40, following shortly afterwards. Post WW2 the introduction of carbide tooling meant that to get the best from this new much harder material, even higher speeds were needed together with tools better able to stand up to the rigors of the greater pressures and harder work they demanded. Unfortunately, the plastic bodies of the original Precise models proved inadequate and began to crack; bearings wore out prematurely and the collet chucks were insufficiently accurate at the higher speeds involved. Hence, a complete redesign was undertaken that resulted, during 1948, in a new range of top-class, professional-quality machines the first of which was the Super 40. Using an aluminium housing machined on the outside and precision bored on the inner surfaces, four costly super-precision, sealed-for-life bearings (of, apparently, a former military specification) were used, a quill of improved rigidity fitted together with a collet chuck claimed to be more accurate than those found on lathes of the finest quality. The new, more powerful variable-speed motor ran up to 48,000 r.p.m. with its commutator diamond turned at 45,000 r.p.m. to close limits of accuracy and surface finish; as a final touch, to ensure the smoothest possible running, all rotating parts were statically and dynamically balanced using electronic equipment. Reliability was assured by running each completed quill assembly for eight hours when temperature, horsepower and r.p.m. were checked and recorded. As a result, so superior to the earlier design was this newer type that - aided by the robust aluminium casing -  it proved possible to employ it as an auxiliary grinding and cutter-holding spindle on conventional machine tools such as lathes, millers, surface grinders and drill presses. To aid this process and encourage sales, the younger Schumann designed and developed a range of precision mountings that greatly eased the problem of holding the spindles securely and in the correct position. Units were available that fastened to the overarms of horizontal millers, clamped in lathe toolposts and to the columns of drill presses, etc., with all types offered in rigid, single and double-swivel versions.
By the early 1950s the Company's range had expanded to include other models amongst which were the tiny lightweight (35 oz)
Super 30 with 1/5th H.P. and 45,000 r.p.m.; the 1/4 h.p. Super 50 Power Quill with a robust, precision ground and honed alloy-steel housing (so making it even more suitable for general machine-shop use) and, by 1956, an even more powerful pair, the 1/2 h.p. Super 60 Power Quill and 1.5 h.p. Super 80 Power Quill - the latter with a speed range from 7000 to 25,000 r.p.m.