The two primary machines/tools are an armature lathe, and an arbor press.
You will also need complete bushing and bearing installing tools (metric and inch diameters for use in the arbor press.
Screw drivers impact drivers, soldering tools including a 500 watt electric iron.
Common hand tools and a good drill press are also important. A medium parts cleaner is mandatory.
Palmgren 1 Ton Arbor Press (61101) Online only SearsItem# 00974880000 Model# 61101