For steel where holding force matters more than weight, such as vertical or overhead work you can mount with a strap.
Amazon $279.99
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 3/8 inLargest cutter
- 2,480 lbfMagnet
- 1,553 W (12.5 A)Motor
- 53 lbWeight
Price checked November 3, 2026. As an Amazon Associate we earn from qualifying purchases.
- Three speeds (250, 450, 700 rpm) and cutters to 2 3/8 in
- Swivel base rotates to line up on angle iron and pipe
- At 53 lb with the swivel base it is the heaviest machine here
- Over $2,100 from third-party sellers on Amazon
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 | 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 (this one) | 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.
Specifications
| Model number | 0920104 |
|---|---|
| Drilling | |
| Power | Corded, 120 V |
| Motor | 1,553 W (12.5 A) |
| Largest annular cutter | 2 3/8 in |
| Cutting depth | 3 in |
| Speed | Three-speed, up to 700 rpm |
| Base and build | |
| Magnet force (stated) | 2,480 lbf |
| Weight | 53 lb |
| Warranty | 2 years |
Alternatives in this size
The VEVOR to choose for tapping and curved pipe, since a strap holds it on 3 to 12 in pipe. For flat plate the cheaper models do the same job.
Amazon $450.90For fabricators who regularly drill 3 in plus through stacks. Everyone else should buy the HMD905.
Amazon $2,913Compare
Compare the Hougen HMD920 Swivel Base Mag Drill with any other magnetic drill →
More from Hougen: every Hougen product ranked.