I was lucky enough to find a new spindle on ebay, which fit. It took a wheel puller to get the bearings off the old taper. I used a 3 ton arbor press to set the bearings on the new spindle's tapered axle, but I think you can do it by threading the castle nut too.
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The original question is, how is this thing constructed? The corner is cast. The kingpin and axle taper are pressed in. The end of the kingpin is protected by some material, maybe epoxy. It could be welded, but it cut easily on the drill press.
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