An apparatus for cutting annular corrugations in an interior surface of a cylindrical tube having a cutter head comprising a plurality of cutting teeth; a drive shaft coupled to the cutter head for spinning the cutter head; a mandrel coupled to the cutter head, wherein the mandrel defines a longitudinal axis, wherein an axis of rotation of the cutter head is parallel to, but in a position not coaxial with the axis of rotation of the cutter head; an outer eccentric coupled to mandrel, wherein the outer eccentric rotates the mandrel, wherein the axis of rotation orbits around the longitudinal axis.