After too long (2 yrs since I made a deal to buy the lift!) I have finally gotten the lift into my garage! I was going over final details, and it occured to me that the motor for the hydraulic pump may have been wired to operate on 120 VAC. The nameplate on the motor is listed as 230 VAC, and the name plate on the lift is listed as 240 VAC. But I recall when I went to get the lift that there were only two wires going into the box, where I expected 3 wires (2 hot and one ground for 240 VAC).
I think the supplier of the motor wired it up for 120 VAC. There are three wires (labeled T1, T4 and T5) as you can see in the picture, and the direction of the shaft is determined by which pair gets twisted together (the cover plates shows two twisted and one free wire).
I tried calling the company on the name plate, but they are defunk and under a different name...with very poor phone contacts

I'm trying to find the number for the PO....but I figured there were enough electricians on this board I'd get quick answer.
The two twisted pairs are the way they were when I picked up the lift. And the exposed screw on the switch is listed as "Common." There is another screw point under the tap, but it looks like it was never used.
It sure looks like 120VAC... I have both 120 VAC and 240 VAC available.
So can you guys confirm it is set up for 120 VAC?
And will 240 raise it that much quicker if I change the wires around for 240? How should I change the wires?
I hate electrons and they hate me, so figure I'd get edumecated before I let out the smoke.