Apparatus for transferring a tire component such as a belt and tread assembly includes an annular supporting frame with a plurality of radially movable component gripping sectors mounted on the frame at equal circumferentially spaced locations, each of the sectors being carried by a pair of radially spaced generally parallel links pivotally connected to the frame and to the sectors. An actuating ring is movable circumferentially of the frame and for each sector, an actuating link extends generally axially between the ring and at least one of each pair of links to pivot the links radially upon circumferential movement of the actuating ring. In this manner, the sectors move radially uniformly. The links are connected to one common side of the sectors by fasteners projecting from the other common side so that a different set of sectors may readily be installed. An adjustable stop limits the movement of the sectors. The frame is transported from one position to another to transfer the tire component.