I'm looking for something in the ballpark of a couple hundred. Did I mention that lol?
If you want $200 you are shot before, you get the box wet, from running around the box; trying to figure how to think outside of it!!!
If you are handy or able to fabricate you can keep it the neighbor hood of that! The plans are on the net, and I think I still have a set I printed out or may have them archived! You can by your steel in bulk. You can watch for deals by Googling everything you need to build one. Another thing I have found out is that if there is something on Ebay and you can't really find your way to pay their price, contact them and give them a price you are willing to pay. It has worked out for me on items like, Inswool for my forge, carbide strips for my file guides, and yes even with the 2 HP motor that I put on my KMG clone.
I have yet to see any grinder. Except for the one a friend and fellow maker has in Ala. just over the state line from me!! He could turn it on and running thru his VFD you never knew the thing was on till it finally hit Mach 1! Of course I haven't been in anyone else's shop but Ken H's!!!
When I started mine I did not have a bandsaw but it sure would have been nice! I fell in love with the KMG but could not afford. Now I will tell there is a reason that it is the price it is! One it is out of the box ready to go. And two, those big CNC machines he has sitting around. Well that is the reason the percison is there. The CNC'S make it easy to make the percison you need to develop a good machine!
However if you are building custom knives you probably have the ability to build the percision into your own machine!
I bought the same motor that KMG was offering for about $50.00 less than what they wanted! It took some serious looking and then as I said I had to ask the seller to come down! That is another point, be sure to order the motor that has the shaft size for the drive pulley you are using or vic/versa!! Also you need to think about power. 110 V or 220V, are you going direct drive, belt drive and/or Variable speed. You need to have that all figured out before you try and buy a motor. Or sometimes you are lucky and you fall into a motor and have to work in reverse!! LOL Take a look at these motor and the options are what drives the price!! Wow motors have gone up!!!
https://www.ebay.com/sch/i.html?_fr...Lesson+farm+duty+2+hp+electric+motor&_sacat=0
These following two motors would be worth looking at. The first is slightly higher RPM than most use but, it would probably work. Why these two, first of all they are both 2hp, both are TEFC, both are being sold by an electric motor company or wholesaler. They want a profit and profit is often in how fast they can turn them over. Tell them you are a small business just getting up and running and would be greatly appreciated if they could do it for $50.00 less than what their posted price is. They can't eat you and the worst they can do is say no!!!
http://www.ebay.com/itm/2hp-1800-RP...723085&hash=item3a87482d0f:g:kiUAAOxyzi9SgQpt
http://www.ebay.com/itm/2hp-1725rpm...500867?hash=item2822151d03:g:30UAAOSw0fhXj6-8
The bearings I used were the same bearing speced for the KMG and I took my time to build it. But just like a knife you a making if it is not coming out right. You have to be willing to stop and backup to the point where things started going bad! I think if I remember right I had about $350.00 in my build. Most of that was motor and pulleys belt bearings and a few other odd and ends!
When I got it fabricated, the belt would track but to get the belt to align with the drive pulley, the tracking pulley and the platen or 10" grizzly wheel,
(forgot that cost me about $40.00 to have the wheel drilled for bearing pockets and have bearings pressed into the pocket) the problem I realized was a hole that held the tension arm had walked off when I drilled it. That goes back to keeping everything percise. I don' believe you could build one without at least a drill press!!
After correcting that problem I never looked back! I made all of my own accessories and I always feel like it is a work in progress, as I realize I want to do something that I haven't been able to do on it I make another attachment!!
Everyone of the names of grinders mentioned have characteristics that given the chance to build another I would incorporate in another one if I were going to build a new one!!