I am just getting back into machining after being out of it for the last 20 years and have some questions about phase converters, hoping someone can get me in the right direction. I purchased a Jet 1440W-3 but only have single phase power in my shop. I have a 100amp panel to run my shop, currently for a 80 gallon compressor, mig and tig welder, my lathe, soon to purchase 3 phase mill (JTM-4vs) and a ductless AC unit, both the lathe and mill are 3hp. The questions I have are, what size phase converter do I need? I am looking to purchase a used converter, will the one below work? I can pick it up for about $400.00. I don't plan on running the machines at the same time but I could have the compressor and the AC running at the same time in the shop with the mill or lathe. Any help with this would be greatly appreciated.