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The company was established in December 1908 [1] as Sharp-Hughes Tool Company when Howard R. Hughes Sr. patented a roller cutter bit that dramatically improved the rotary drilling process for oil drilling rigs. He partnered with longtime business associate Walter Benona Sharp to manufacture and market the bit.
Nowadays, the drill bit is usually made by rotating the bar while moving it past a grinding wheel to cut the flutes in the same manner as cutting helical gears. Twist drill bits range in diameter from 0.002 to 3.5 in (0.051 to 88.900 mm) [9] and can be as long as 25.5 in (650 mm). [10]
Drill bits - twist drills used for wood or steel are usually sharpened on a grinding wheel or within a purpose made grinding jig to an angle of 60° from vertical (120° total) although sharper angles may be used for hard or brittle materials such as glass.
This type of tool is alternately referred to as a rock bit, or simply a bit. The hole diameter produced by drill bits is quite small, from about 3.5 inches (8.9 cm) to 30 inches (76 cm), compared to the depth of the hole, which can range from 1,000 feet (300 m) to more than 30,000 feet (9,100 m).
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Depending on the bond and grade of the grinding wheel, it may be used for sharpening cutting tools such as tool bits, drill bits, chisels, and gouges. Alternatively, it may be used to roughly shape metal prior to welding or fitting.
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