A genuine top industrial quality magnetic core drill. These drills are equipped with a powerful electro magnet which securely magnetizes the drill to the work. The drill will actually not operate unless the electromagnet is activated & working first. This MD500-2 model has a very powerful 1800 Motor running through a 2 speed gearbox. With this machine you can use cutters up to a BIG 50mm.We import these magnetic core drills in large quantities directly into our own warehouse which allows us to offer them at these very low prices!