The DWE1622K 2-Speed Magnetic Drill Press has 2-speed settings that provide optimal performance in a variety of applications. This press has overload protection electronics which prevent motor damage and excess accessory wear designed for long life. A Quick Change chuck system allows for tool free change between 3/4" Weldon Shank and 1/2" keyed chuck, and the Quick Release feed handles provide tool free change of handles to either side of the tool. The magnetic self-feed cooling tank allows the user to regulate the flow of cooling fluid and can be placed on either side of tool or on a work surface to allow for a variety of tool orientations.