drill press

noun
a drilling machine having a single vertical spindle.

Origin:
1860–65, Americanism

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
drill press
 
n
a machine tool for boring holes, having a stand and work table with facilities for lowering the tool to the workpiece

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
We can debate if a socket wrench makes a good enough hammer and drill press,
  but it really is foolish to plan that way.
The drill press went into the garage next to a workbench.
Maintains and repairs all shop equipment, including lathe, grinders and drill
  press.
Securely clamp down all work pieces in drill press and milling machines.
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