Sorry to be argumentative but if you use a 5/16 drill to tap a 5/16 UNC hole your tap will fall in the hole. (The 5/16 is the major diameter of the thread the UNC is the thread form.)
If you are using helicoils or any other brand of kit ONLY USE THE TAP AND DRILL THAT COMES WITH THE KIT. (An imperial kit will use an imperial drill bit. There will be a "nearly the same" metric equivalent but when you are trying to recover threads in old aluminium castings and drilling the holes by hand you need to be very accurate with drill sizes.
Always tap with lubricant. Always turn the tap 1/4 to half a turn max at a time and back it right off to clear the swarf from the threads. You can do it quicker, use different taps and rills but you will risk damaging the thread for the helicoil or the coil will bind and twist when you are installing it.
We use helicoils and their equivalent to reinforce threads not just to repair them every day. We also use "locking" inserts that remove the requirement for spring washers
We found the biggest difference in the brands is not the coil insert but the insertion tooling that comes with the kits.
Just to be clear I know people are talking about "Thread repairs" and that a 5/16 thread "REPAIR" can be tapped when the hole is predrilled with a 5/16 drill but my point is to use the drill bit that comes with the kit. Those of us who have been doing this stuff since our school days can bend the rules and learn our own ways but the people who doing this stuff for the first time should be encouraged to use the kits as they are designed and delivered.
If you are using helicoils or any other brand of kit ONLY USE THE TAP AND DRILL THAT COMES WITH THE KIT. (An imperial kit will use an imperial drill bit. There will be a "nearly the same" metric equivalent but when you are trying to recover threads in old aluminium castings and drilling the holes by hand you need to be very accurate with drill sizes.
Always tap with lubricant. Always turn the tap 1/4 to half a turn max at a time and back it right off to clear the swarf from the threads. You can do it quicker, use different taps and rills but you will risk damaging the thread for the helicoil or the coil will bind and twist when you are installing it.
We use helicoils and their equivalent to reinforce threads not just to repair them every day. We also use "locking" inserts that remove the requirement for spring washers
We found the biggest difference in the brands is not the coil insert but the insertion tooling that comes with the kits.
Just to be clear I know people are talking about "Thread repairs" and that a 5/16 thread "REPAIR" can be tapped when the hole is predrilled with a 5/16 drill but my point is to use the drill bit that comes with the kit. Those of us who have been doing this stuff since our school days can bend the rules and learn our own ways but the people who doing this stuff for the first time should be encouraged to use the kits as they are designed and delivered.
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