Hello Wayne
With a three-phase motor matched to a modern controller, you should get full rated torque from zero rpm all the way up to rated rpm. Therefore, you should not bog down at slow speed unless the hp rating of the motor was too low to begin with.
If you are in an industrial building, you may find that you have 480V available. If so, this will increase the number of controllers that you can use. Only some makes/models will run on three-phase 220V. Even fewer will run on single-phase 220V. Three-phase motors can often be configured to run from different voltages by changing some connections, so check before you buy. Make sure that the wiring and THREE-PHASE circuit breakers that you use are rated for the voltage that you are using.
Do not cheap out too much on the controller for safety's sake. Some of the really low priced ones do not come mounted in a box. There is a lot of electrical energy stored in the controller and that energy can do a lot of damage (I've blown up a few in my work). Call around to the various controller manufacturers and/or their distributors. Some may sell you reconditioned units quite cheaply (I think that Toshiba sells theirs for about $200). You can probably get a better quality controller, with a warranty, than buying a new, bargain basement make/model.
Do mount the controller where there is plenty of clean, cool air available. Very few of the controllers are dust-proof. They will not tolerate getting conductive dust, like from your grinder, blown/sucked into them and can fail quite dramatically. You should be able to mount the speed control potentiometer or display module, if it is a more sophisticated one, close to your grinder with the controller farther away in a clean area.
You should be able run several motors with the same controller. It is possible to just connect them in parallel as long as the total ratings for the motors is within the rating of the controller. Alternatively, add a three-phase circuit breaker in series with each motor so that only one is connected at a time (this is probably safer). Three-phase motors are relatively cheap compared to the controllers.
Good luck.
Phil