I have a Bridgeport and have converted it to to a VFD driven 220v 3 phase motor – BUT… it is not a simple job.
You have what is called a 'pancake' motor and these CANNOT be converted to 220v. Your quickest way of getting it working from a domestic supply is to use a rotary converter (Transwave) but these are not cheap. I did use a static converter for a couple of years and it worked, but it was fussy about the higher speed if selected.
To fit a conventional flange 220v motor in place of the 'pancake' you need a simple, thick steel adapter plate. There is no head rebuilding, just an 8mm plate that slides in place of the 'pancake' flange and holds the motor in the middle.
The problem then is that no readily available motors have long enough shafts to hold the pulley in the right place. I was fortunate in getting help from John Stevenson and he modified a new motor. I have heard of others who fitted extension stubs, but then suffered vibration. Personally, I think an extension stub, locked onto the shaft, and then turned true by spinning the motor clamped to a lathe bed, would give an acceptable result.
Once you have lengthened a motor shaft, and made an adapter plate, you then need to do quite a bit of re-wiring in the cabinet. It is best to set that all to single phase so that the front switch box still operates the contactors and nicely switches on the VFD. If you have a Bridgeport table axis drive then that will still happily operate on its 110V single phase once you have re-tapped the transformer.
Norm