Abstract: A magnetic strip is first driven around one end of a mandrel by a plurality of cam operated pins slidably extending through a rotary member and is then moved along a spiral guiding piece disposed around the mandrel until the strip passes through a cutter in its inoperative position. Then the strip enters a push plate slidably mounted on the mandrel and travels along a spiral path therein to be spirally wound around the mandrel. When a predetermined length of the strip passes through the cutter, the cutter cuts the strip and the push plate is moved along the mandrel to shift the wound strip to a carrier abutting against the mandrel for readiness for the next working operation.