Abstract: Apparatus for converting short tubular elements into nuts, fittings, sleeves, or other annular fasteners or couplers comprises means defining a plurality of stations including a receiving station and a plurality of working stations. Each tubular element must be positioned in each station in the course of its conversion. The receiving station is constructed to establish a predetermined orientation of each tube received thereby. Mechanism is provided for automatic and successive transfer of the tube elements from the receiving to the following stations, in series relation. Tooling is provided in essentially coaxial alignment with each of the tube elements at each working station.