I needed a project to focus on this spring and a lam grinder has been in the back of my mind for years. Because I had the scraps of plywood in the shop as well as the oak hardwood, the motor was reclaimed from an old blower fan, or something of the sort, so that was not a cost, the pulleys on hand the only parts that cost a buck were the sealed bearings, the rod for the axle and the drive belt. There is not $40.00 in this machine, if that, but I am happy with the way it works.
A shop vac keeps the dust down to nill but it would be a bear without it.
Due to current circumstances I've only been able to grind one full set of osage lams and the inlay/overlay strips for a future bow to be glued up but they are clean and true.
The sled I used was created a few years back out of a strip of furniture grade plywood shimmed for a .002 taper run through the planer for the belly lams and the parallel lams were run on a piece of ash that was preleveled on this lam grinder before use. The dial caliper confirmed that everything was true so I am confident of the quality of the bow once it is made.
If you like making your own tools it can be done. Hope it goes well for you,
Christopher