ADJUSTABLE FLANGE ASSEMBLY FOR A CUTTING TOOL

There is disclosed an adjustable flange assembly for securing a cutting tool to a shaft rotatable about an axis. The adjustable flange assembly has a support plate defining an aperture for receiving the shaft and defining a reference surface on a first side thereof. The reference surface is in abutment with the cutting tool. A securing mechanism is operatively connected to the support plate and operable for releasably securing the support plate to the shaft. A deformable plate is secured to the support plate and is in abutment against a shoulder of the shaft. Adjustment members are mounted on one of the support plate and the deformable plate and are operable to exert a force on the deformable plate to locally deform the deformable plate.