A presser assembly is provided for a die cutting machine. The presser assembly includes a support member and a channel extending along an axis. The channel has an opening directed towards the support member and is movable between a first retracted position wherein the channel is adjacent to the support member and a second extended position. A mounting structure extends between the support member and the channel. The mounting structure has a first end operatively connected to the support member and a second end. A clamping mechanism selectively clamps the second end of the mounting structure to the channel at a user selected axial location.