Abstract: A rotary blow molding machine comprising a rotatable wheel, a plurality of mold assemblies mounted on the wheel in circumferentially spaced apart relation, each of said mold assemblies being openable to expose a finished workpiece as the mold assembly moves through a workpiece discharge station. A take-out assembly removes a finished workpiece from a mold assembly as the mold assembly moves through said discharge station, the take-out assembly including a first transfer mechanism mounted adjacent said discharge station and including a first pick-up unit for grasping a finished workpiece and moving it in a substantially linear direction upwardly away from said wheel to a transfer station. A second rotary transfer mechanism is mounted at the transfer station for receiving a workpiece from the first pick-up unit and moving the workpiece to an exit station as the first pick-up unit returns to the discharge station to pick up another finished workpiece from the wheel.