Name: Hougen HMD905 Magnetic Drill
Brand: Hougen
Price: 1757.00 USD

The two-speed Hougen for 2 in holes. It earns its price in daily use, not in occasional jobs.

Price checked November 3, 2026. As an Amazon Associate we earn from qualifying purchases.

Pros

Two speeds (250 and 450 rpm) for 2 in cutters and for steel that needs a slower cut
Integrated coolant bottle and a two-year warranty

Cons

Priced at about 9 times a 2 in budget mag drill
Its 1,750 lb dead-lift magnet rating is lower than the budget machines’ headline figures, which use different tests

The Hougen HMD family

Every Hougen HMD model we rank, smallest first. Ratings compare each against its own size.

Model	Largest cutter	Rating	Price
Hougen HMD900 Magnetic Drill	1 1/2 in	3.3/5	$890
Hougen HMD904 Magnetic Drill	1 1/2 in	3.2/5	$1,107
Hougen HMD905 Magnetic Drill (this one)	2 in	2.8/5	$1,757
Hougen HMD918 6 in Depth Mag Drill	2 3/8 in	3.4/5	$2,913
Hougen HMD920 Swivel Base Mag Drill	2 3/8 in	3.4/5	$2,166

How it scores

The rating comes from 5 measured or published factors, each scored 0-100 against fixed reference points for its size. How we rank explains each one.

A heavy-duty 2 3/8 in drill for steel erection and shop plate. The swivel version sold here weighs 4 lb more than the standard base.

$2,166

For fabricators who regularly drill 3 in plus through stacks. Everyone else should buy the HMD905.

$2,913

A mainstream 2 in mag drill from a brand with service centers everywhere. Buy it for the warranty rather than raw spec.

$884.99