The job is done.
Thanks for all the helpful suggestions.
I slept on it and read all the helpful comments this morning. I started looking at what I had, thinking some sort of arbor was the way to go.
I found an old "tank cutter". It has a 5/16" square hole through it and is close to 3/4" diameter. I hand ground a lathe tool bit to act as a facing cutter.
I built up the shank with the mig welder.
I turned the shank down and set it up in the 4 jaw to get it as true as I could with the original diameter.
At that point I realised it was probably better to try and do the job in the lathe, as the arbor is now as true as it could ever be having just been turned.
I had to use the little myford lathe to turn up a stub to support the other end of the casing.
I couldn't pull the casing with the tailstock as the taper would probably let go, hence the stub support.
The trans case was set up on the arbor and the tool inserted and set up. I gave it a test spin and all felt well, so I started cutting. I all appeared to be going well so I kept going until the face was fully cleaned up.
But the problem was that the face came out concave. Hardly surprising given the setup.
I came up with a quick and dirty way to beef up the tool bit using one of the lathe quick change toolholders. This one has a V at the bottom so clamped squarely to the arbor.
This seemed a lot better so I continued on until the face was fully cleaned up.
As far as I can tell using a straight edge with a light behind the face is flat. It looks good anyway.
So thanks for the comments it really helped.
If I were planning to do it again I would probably make improvements to the tool. But, for what it took, I was surprised at how well it came out.
Mart.
Mart.