Is kind of hard to answer that question without understanding how that press of yours has failed - was it ever cleaned and lubed? What happened to cause the main turret pin to snap? Wear on moving parts could be from age / normal usage, or could be from dirt and lack of lube. Maybe you had a manufacture mis-alignment from the get-go - that put stress onto parts that were not meant to get stressed?
As you probably know, there are tools and machinery made in the 1800's (or earlier) that still perform their intended function today - and garbage disposal areas full of stuff made a few years ago that quit functioning. Some might be by design - some might be due to lack of maintenance - is hard to say without knowing more than you posted. My general viewpoint is that most products that are made today are made as cheaply as possible with "know-nothing" labour, to be purchased by "know nothing" consumers - even if it is the same brand of thing that you bought 40 or 50 years ago, generally, the older one is better made, or at least lasts longer - clothes washers, stoves, refrigerators, etc. There are some exceptions - like CNC machining versus hard fitting - but one needs a monkey to operate (in production) and the other needs a craftsman and some time to do the task; or vehicles - I assume this "new-to-us" 2022 Honda SRV is going to last much longer (way more miles) than the Honda Civic that we bought new in 1978, and undoubtably much longer (more miles) than my Dad's 1959 Dodge Regent.