Cabin fever got the better of me today. I put on my space suit and ventured out to pick this little guy up. I love the oil can holder in the base with the vintage oil can, my will power was holding firm until I saw that, then it was all over.
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It is an Excel 12" power hacksaw. The Covel Manufacturing Company (Atlas after 1968) also made these for Sears who sold them under the Craftsman brand until at least the 1970s.
I think this particular saw is pre-1950 because the tag says Excel Hack Saw by Covel Mfg Co. Looking at old advertisements it appears that Covel Mfg Co was dropped from the ads in 1950 instead listing them under the Excel Tool Company. I haven't been able to find much on the Excel branded saws to confirm my hypothesis, as the Craftsman ones seem to be much more common.