When going with a gas powered log splitter press, you want a 7-10HP motor. If you convert it to electric, you want a 5HP motor. You really need 20+ tons. A 28tons splitter will work well. The frame on those little jobs won't take the stress load and will bend the whole thing in use. Usually ,you add stiffener gussets to the sides to make the press stronger, anyway.
Those cheap HF electric units say 2HP, but are not near that . 2HP in a real rating draws something like 22-24 amps under full load.As said, they are too slow (just a hydraulic jack with a wedge) and too low power.
For a hydraulic forging press you need ram speed and power. Those factors come from the pump size and the motor size. No amount of fudging in other areas will make the difference.
Stacy