This is an image of a drill press. This is used to cut holes in materials, usually a hard material such as steel. The man in the picture (who is actually probably just a photographers model) would be called a "tool maker," although in the United States he would generally be known as a "tool and die maker," or a "drill press operator." It requires a great deal of skill, and therefore, lots of training--and it pays a great deal of money. Most things, such as automobile or airplane engines, which require metal cut to high tolerances are now made by "robots," such as those which the Japanese and Koreans are very clever in making. Modern tool makers usually only work on special orders, rather than mass production items, and actually require more skill and are paid more money than they were 60 or 70 years ago, when tool and die makers made most of the moving parts for automobile or airplane engines.
Below is an image of a machine tool, this one used to repeatedly drill holes in steel:
Below is an image of a modern machine tool lathe, which is used to make steel an other metal poles to very specific dimensions. Modern machine tools of this type are often computer controlled--but the operator still requires a good deal of skill.