No-one doubts Myfords were used in industrial settings, but they are not, repeat not, designed for production work. By production work, I mean lathes performing the same operation thousands of times per shift, usually on a production line.
Production is quite different from the way most Myfords are used. Production turners repeated a narrow range of actions, and likely the lathe was configured with stops and other add-ons to speed up and de-skill the work. Production machines tend to be specialised, and the emphasis is on getting the job done profitably, not defending lovely old machine tools!
Production has always specialised rather than make do with general purpose tools. In Victorian times threads were made with taps, dies, and lathes. Lathes are still a convenient way to cut threads in small numbers and for special purposes, but for more than a century the vast majority are made by thread rolling-machines. As rolled threads are much cheaper and stronger than cut threads, lathes are rarely used to produce threads in quantity. The same applies to a huge range of other operations that could be done on a general purpose lathe, but rarely are!
General purpose lathes excel at general-purpose work. Although 'general purpose' includes short-run production work, Myfords and similar aren't suitable for mass-production. That role was filled by makers like Herbert, a much bigger manufacturer of machine tools than Myford. Herbert lathes are rarely found in amateur hands, partly because they are too big, but mostly because production lathes were thrashed round the clock until worn-out and then scrapped.
It's a question of how many hours hard work you can do on a bench lathe like a Myford before it claps out. Doing light general-purpose work, a well-maintained Myford will carry on happily for several decades. But they're not robust enough for piece-work on a three-shift system. If you don't believe me, try this: by this time next week, produce 5000 1.1" diameter EN3-washers, 1/8" thick, with a 33/64" hole, all dimensions tolerance ±0.002" You won't be paid if the job isn't finished on time, or fails inspection, but there's a 50% bonus if you deliver two days early. A requirement like this requires the operator and lathe to work flat-out, and neither will enjoy the experience!
It's not just that Myfords aren't good for production work, manual lathes of any type are rarely used in that role these days. Not only do manuals compete with specialists like thread-rollers, but CNC machines have slaughtered the breed in mid- and low-volume production settings. Not eliminated, because manual mills and lathes are often used for quick simple work that doesn't justify the cost of setting up CNC, and for specials.
Less so in the past, but as a percentage of total output, manual lathes of any sort are rarely used for production work, and Myfords are a niche within a niche. Anyone prepared to bet the farm that Far Eastern mini-lathes have never been used by industry? They're not designed for production work either, but I expect it happens. That small lathes are sometimes used by industry proves nothing!
I'm afraid it's necessary to accept Myford's for what they are – good, time proven, manual lathes with lots of capability that fit nicely into small workshops. They're small enough to tackle small work without driving the operator mad, and big enough to tackle fairly hefty jobs as well. However, their many merits don't make them suitable for churning out millions of brake discs. Not even in 1948!
Dave