Since we have data from a single point in time, we do not know if this condition is new or whether it developed suddenly or gradually. That would be very important information. We don't really know anything about the stiffness of the motor support structure. I would start with simple things first. Check all the motor mount bolts and ensure they are all tight. Check the entire support structure for any loose bolts or cracks in the structural components. Check the grinding wheel for any evidence of damage that might result in an imbalance. Check the mechanism by which the wheel is secured to the shaft for wear or looseness. The photograph quality is poor. It appears there is a coupling present. Check for any evidence of damage or loose bolts. If this coupling requires lubrication, check that the lubrication is adequate. Next, perform a coast down and continuously measure and plot vibration vs RPM. If it drops with motor speed, try to balance the grinding wheel. If it drops far faster than motor speed, there is a resonance, likely due to looseness somewhere.