Sounds like one make or other of a vertical turret lathe. Plant where I used to work maintenance had one that would turn o.d. to 16 feet. Big mutha!
It was an interesting company and a good one to work for. They made large ring bearings and gears, sometimes even producing them for USSR agricultural and construction equipment for legal export.
The specs were rumored, somewhat tongue-in-cheek, to be the same as for T-72 tank turret gears. :)