An apparatus for machining a workpiece has a housing having a vertical front wall and a first vertical side wall generally perpendicular thereto, respective first front and side vertical guides on the front and first side walls, and a first vertical slide extending along the front and first side walls. First front and side formations on the first vertical slide engage the first front and side guides for vertical movement of the first vertical slide relative to the housing. A first spindle unit adapted to hold the workpiece is carried on the first vertical slide, and a tool holder adapted to hold tools in a first work station is provided below the first vertical slide so that the spindle unit can engage the workpiece with a one of the tools in the work station.