Posted by John W1 on 16/09/2015 23:03:48:
Just how accurately do you expect a chuck to run?
John
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He does have a point 'original John' I originally got my decimal point position wrong on my first reply.
As I said I have an STS 10 20 Boxford and an 'Industrial machine' you state in the thread title they are certainly not. But to be fair they were never intended to be.!
On the scale of things as lathes go they are a paperweight. They just don't have the mass for one thing. Mine certainly needed fixing down to the floor and properly leveled before it started to tick. And then only in it's capacity envelope of intended design use.
Cast iron does bend and flex. Other wise one would not be able to get rings onto a piston as just one example.
You could of course to improve things if you wished by going a little step larger in machine size and buy a Hardinge as previously said. However I think a mint fully and properly refurbished one (not just a paint job) will put a hole in your pocket in the region of £20 – 25,000. There is a company in the States that will even export you one in original factory condition.
You may also need to budget to reinforce your flooring. 
I love my STS, but a precision machine it ain't. It is however more accurate than I will ever be. I am the weakest link in the chain.
Regards, Nick