Perhaps the most significant business-model evolution you can make is to free yourself from the powerful, magnetic attraction of large manual machine tools. The floor space (and pit) required for a good-sized HBM or similar—and its work handling—has a cost. I kept big old stuff for years after I should have got rid of it just because I always admired the look of it. Big iron is solid and reassuring—and it's generally true they don't build 'em like they used to. But with today's work being designed for CNC production there's a risk of becoming a museum. If you have a 50-inch swing Pacemaker and no work for it, about all you can do is give tours. You die with tons of the stuff and your heirs go broke having it rigged out to the scrapyard...JMO, YRMV.
I agree 100%
The large Wickes lathe that started this thread is being scrapped right now. I have a 4" Kuraki HBM. It kinda makes money, but not really enough to justify the floorspace it takes up.
The rules I operate the manual machines by is they can stay as long as they don't interfere with my products. If the day comes where I have been too busy to turn the HBM on for 6 months it's going for sale.
I have to say though, I really, really like HBM work. I do bridgeport stuff on my HBM all the time. It's nice having that rigidity and having the chips fall down.
Here's a rush HBM job I did Sunday. Enlarging a steering knuckle for a semi. The steering box broke in a wreck and the replacement from a newer truck used a larger tie rod. This was a $575 job. If it could wait 2 weeks it would be a $100 job. The small end of that reamer is 7/8".
The big pitfall I run into with HBM and manual lathe stuff is all the neat tooling you can buy into. I recently bought a large Lucas facing slide for my HBM. It sat outside in the Oregon weather for 30 years. It took me an entire day to disassemble it without breaking anything using heat from a torch and an impact driver to take all the SHCS out. I've spent about $300 on bolts and bearings for it and I will probably have another 2 days of cleaning and assembly in it. Then I have to fab up a boring bar base because it didn't have one.
Then there's an auction coming up that has a bunch of 72x72x24 heavy Lista cabinets with shelves that would be perfect to neatly store all this heavy HBM tooling in.
I figure a Kuraki HBM is a pretty damn nice HBM and one decked out with a power drawbar, a Newall DRO, tailstock, multiple boring bars, angle plates, V-blocks, facing slide, NMTB50 toolholders and a couple tons of setup materials organized in nice cabinets is probably worth the top end of what a used manual HBM can fetch.