<p>A machine tool of the type having a rotatably mounted housing circumscribing a longitudinal axis of rotation and adapted for having coupled thereto a tool holder having at least one cutting tool which is adjustable radially of the axis such that a cutting edge of the cutting tool is caused to engage and disengage a workpiece as a result of a camming action between the cutting tool and a drawbar resulting from reciprocation of the drawbar as the roller screw to which it is attached rotates.</p>