That is a fairly old machine that should be of high quality. Foley and Belsaw were big competitors in the tool sharpening industry. Belsaw tended to be more meat and potatoes grade stuff decent and reasonably priced. Foley was prone to be a more high end line. They merged and operated as Foley-Belsaw for some time. More in the history link below.http://vintagemachinery.org/mfgindex/detail.aspx?id=318
I did not equip with Shopsmiths in spite of the setups but because of them.
1 1988 - Mark V 510 (bought new), 4 Poly vee 1 1/8th HP Mark V's, Mark VII, 1 Mark V Mini, 1 Frankensmith, 1 10-ER, 1 Mark V Push-me-Pull-me Drillpress, SS bandsaw, belt sander, jointer, jigsaw, shaper attach, mortising attach, TS-3650 Rigid tablesaw, RAS, 6" long bed jointer, Foley/Belsaw Planer/molder/ripsaw, 1" sander, oscillating spindle/belt sander, Scroll saw, Woodmizer sawmill