Sorry new to this forum thing. Thought id reach out of my box a little and dig for some knowledge.
View attachment 218550View attachment 218551
You ARE in the size range that serious electricity can be generated, yes. Several here can grok that.
Simply filling a tank of gasoline - a dielectric, as your coolant may also be - generates more than enough static charge from the turbulence in the flow to cause a fire if not carefully grounded. Van de Graff generators were often small, but impressive, nonetheless. Friction, once again.
Our observations and opinions, here, won't be much help.
You need to get a specialist on-site to measure, calculate, actually do something useful ABOUT it, measure again to confirm a(ny) solution is actually effective.
Former General Electric now not Glyptal brewers have a conductive paint to bleed-off that sort of induced static. Costly stuff. It has to stand high heats of motor housings that the cheap carpet spray for a 'puter desk never sees. You'll need that specialist to know if it is part of the solution.
The damage you can SEE may be only a part of it. Company may not have planned to do welding on this lathe. Bearings may not have gotten that memo.