An automated removal and insertion machine for mold drawers operable with a molding machine is described. The machine includes a frame, a plurality of actuators mounted within the frame, a plurality of encoders, a plurality of electromagnetic effectors, and a controller. The actuators are operable in a substantially horizontal direction for removal and insertion of molds with respect to the molding machine, and movable within the frame in a substantially vertical direction. At least one of the encoders is operably attached to each of the actuators for providing data indicative of a position of the respective said actuators. At least one electromagnetic effector is attached to a terminal end of each of the actuators for engagement with a respective mold. The controller is operable to control movement of the actuators in the substantially horizontal direction and further operable for controlling power applied to the electromagnetic effectors.