With 3.8 hp total, and at 760w per hp, that comes to around 2800w. At 220V, when both motors are operating that´s about 13A.
The plate indicates it runs at about double that current. What else is there that could be gobbling up the power?
This aside for the moment, it still looks like good news. The plate details indicate that it
will operate off 60Hz. So all you need to find is a transformer to step-up your 110V to around 220V for the machine. The transformer needs to be 30A or more on the 220V side, so that equates to 60A or more on the 110V side. I´d expect that no ordinary power outlet (or wiring) will provide such a high current, so you´ll be looking at a special industrial outlet?
I´m not in the USA, but if you are I have read how your power companies can often provide an industrial 220V outlet as well as the usual 110V. Without considering installation cost, that would neatly solve your problem; not even requiring that you buy a transformer.
It sounds like you intend this for a commercial installation, so you´ll have an electrician supervising the conversion and installation? It would be very wise.
Converting to 60Hz at this power level would have been very expensive. Looks like you don´t need to go that route. (Had you needed to, it may well have been more economical to exchange the motors for 110v 60Hz motors.)