This Hougen 12114 Annular Cutter is a high-quality tool made by Hougen Mfg. in the United States. It has a depth of cut of 1 inch and is part of the 12,000 series. The cutter comes with a free pilot, making it easy to use straight out of the box. Perfect for metalworking projects, this cutter is designed to make precise cuts and ensure a smooth finish. It is a great addition to any workshop or manufacturing facility.