We have a gray horizontal boring mill here at work, the machine is from the 50’s although I am not sure if the exact year. Lately, we have had a problem with magnetization on the chuck. Every tool we use gets magnetized, which as you can imagine causes all kinds of trouble and wasted time demagnetizing the tools. This seems to be a problem that nobody here at work has dealt with before, and we’re not sure where to start. I’ve attached the label on the machine with the induction motor specs, as we think it has to do with the motor. Any thoughts?