Abstract: An apparatus for press forming products having a desired shape from a web is provided. The apparatus includes a cyclically operating blanking section for cutting the web to produce a single blank for each blanking cycle and a cyclically operating forming section for receiving a plurality of single blanks from the blanking section during a first portion of each forming cycle and for press forming the plurality of single blanks into a plurality of three dimensional press formed paperboard products having the desired shape during a second portion of each forming cycle. The forming section includes a die set having a plurality of forming die cavities wherein each of the forming die cavities receives a single blank. The blanking section operates cyclically at a predetermined rate r and the die set of the forming section includes n forming die cavities, the blanking section operating at n cycles for each forming cycle and the forming section operating cyclically at a rate r/n.