Quick change tool holder

A quick change tool holder comprising:

• a stationary housing;
• a quill rotatably supported by the housing;
• a collet rotatingly engaged by the quill;
• the collet adapted to releasingly engage a tool while rotating;
• the housing comprising an inner end and an outer end, a central bore beginning at the outer end, said bore terminating at a bottom wall, a through bore of reduced diameter through the bottom wall forming a shoulder;
• a pair of spaced apart bearings held in spaced relationship by a sleeve, supported by the central bore, a first bearing outer race abutting the shoulder at an inner end, a retaining ring abutting a second bearing outer race at an outer end, said retaining ring engaging a groove in the central bore to longitudinally position said spaced apart bearings within the housing;
• the quill comprising a tubular member including an inner end, an outer end, an outer diameter and a longitudinal bore, said outer diameter engaging a bore of the spaced apart bearings, a retaining ring abutting an inner end of an inner race of said first bearing, a groove in the outer diameter spaced from the inner end thereof to engage said retaining ring, a raised diameter shoulder integral with the tubular member, an inner wall of the raised diameter shoulder engaging an outer end of an inner race of said second bearing to longitudinally position the quill, a transverse slot spaced longitudinally toward the outer end from the raised diameter shoulder, an enlarged bore at the outer end of said quill, and a threaded portion along the outer diameter of the quill extending inward a distance from the outer end;
• the collet comprising an inner member and an outer member, the inner member having a diameter slidingly engagable with the longitudinal bore, a tool engaging bore extending inward from an outer end, an enlarged bore extending longitudinally from an inner end thereof to the tool engaging bore, one or more tool engaging segments formed by a plurality of longitudinal slits extending from the outer end of the inner member along the tool engaging diameter and along the enlarged diameter a distance terminating short of an inner end thereof, the segments biased outward forming an enlarged tool engaging bore, the segments including a tapered outer end, said outer member comprising a threaded bore extending along the inner end thereof to threadingly engage the quill threaded portion, a tapered bore at the outer end thereof complementary to the tapered end, whereby longitudinal movement of the inner member toward the outer end engages the tapered outer end of the segments with the tapered bore biasing the segments to a tool engaging diameter to fixedly engage a shank of a tool;
• a cross-pin slidingly engaging the inner member and the transverse slot extending radially past the outer diameter a distance;
• a spring seat comprising an inner diameter slidingly engaging the quill outer diameter, a pair of radially opposed slots along an outer end thereof to nestingly receive the cross-pin, an outer diameter enveloping the cross-pin, an inner end engaging an outer end of a spring;
• said spring slidingly enveloping the quill outer diameter, an inner end thereof abutting an outer face of the raised diameter shoulder, and the outer end thereof biased against said spring seat;
• and
• the spring seat abutting the cross-pin whereby the spring biasing force is transmitted to the inner member biasing the tapered end longitudinally outward against the tapered bore, and biasing the segments and the engaging diameter radially inward to engage the shank of the tool.