Custom designed to convert one or two webs into up to six ribbons. Ribbons can then be shifted, stacked, interleaved, and repositioned for entry Into the finishing line. Incorporates compensating module for the purpose of ribbon to ribbon registration. This machine includes independent ribbon compensators. Each of the independent ribbons is positively nipped for proper ribbon control prior to entering plow the line. The machine includes full width hardened nip/slitting roll for splitting web into ribbons as well as facilitating both edge and running bleed trims.