Toolroom lathes are precision machines used for shaping and finishing metal and other materials. They are designed for high accuracy and are commonly found in workshops where detailed work is required. These lathes can perform various operations, including turning, drilling, and threading, making them versatile for different tasks. Typically smaller than industrial lathes, toolroom lathes offer features like variable speed control and fine feed adjustments. They are ideal for producing small batches of parts or prototypes, allowing machinists to create intricate designs with a high level of detail and precision.