I just bought a Nova 3000 lathe on Craigslist. The guy that I got it from had it wired to a plug that he ran inside his house and plugged into his clothes dryer outlet. Obviously, that's not the ideal situation. It needs a new power cord, switch, and power plug that I would like to plug into the same NEMA 6-20 outlet that I use for my table saw. The lathe has a 1 hp motor drawing 6.8 amps at 230 volts. I would like to put a new 12-3 cord on it with a paddle switch in between the motor and plug. Any reason I can't do that? Is the 6-20 plug okay to use with that motor? Or is there a better solution?