Abstract: An apparatus for cutting scrap strip received from a press or the like has a cutting member driven in reciprocating movement by an air cylinder operatively connected thereto, the cutting member cooperating with a die member to cut scrap strip as desired. A solenoid controlled valve is connected to the air cylinder and is operable to control air flow into and out of the cylinder whereby movement of the cutting member is effected. Control means is connected in circuit relation with the valve and a rotating shaft of the press providing scrap strip and is responsive to rotation of the shaft to control the position of the valve. The interval between successive actuations of the cutting member may be preset to correspond to a desired time interval or a specific number of cycles of the shaft. A manual control connected in circuit relation with the valve is operable to actuate the cutting member independently of periodic movement of the press.