Adding valve to SS pot

I have a nice 8 gallon SS pot, but no valve or thermometer. I’d love to add a valve, at least, but maybe even a thermometer. Is drilling the holes something I can do? If so, what equipment do I need?

There are a few threads on this.  The typical recommendation is a “step” drill bit and a weldless valve.  Another thing to consider is if you have (or are planning) a false bottom.

Use the search function on this forum.  It’ll come up.  Agree with step drill bit and weld-less spigot–get both online–as they are cheaper that way.

I just added a ball valve to mine.  Here’s the thread with the advice I got on doing it:

http://www.homebrewersassociation.org/forum/index.php?topic=4029.0

Thanks everyone for the advice. Seems like a step drill bit is the way to go.