Abstract: Disclosed herein is an automatic apparatus for machining panels or similar articles and, particularly, for drilling and milling them in accordance with the "Folding" system. With this apparatus, the panel to be machined is carried by conveyor means, in a direction parallel to its longitudinal axis, towards drilling and milling devices placed one after the other, the latter being able to mill the panel transversely with respect to the direction in which it moves forward. The operation of the drilling and milling devices takes place contemporaneously in unison, controlled by a feeler device located after the milling devices, which is able to perceive the presence of milling in the panel and to consequently cause the panel to halt and to be in the exact position necessary for the aforementioned drilling and milling devices.