What is it, a lathe or a mill? It's a Mazak Integrex, both lathe and mill. The combination allows both turning and milling of parts in a single setup, reducing handling and production time. Additionally, parts are more accurate because all of the operations can be completed in one setup.
The part shown to the right was machined from tubing in one setup, including turning, facing, boring, internal threads, engraving, and precision milled holes around the O.D.