An apparatus and method for preparing coated cable for a cable conveyor system. The apparatus includes a stripping die, a swaging die, and a spacing fixture spaced from each other at a predetermined interval that corresponds to the spacing interval between discs in a cable conveyor system. The apparatus facilitates the method of stripping a section of coating from the coated cable, and securing a barrel to the cable over the stripped section. The barrel acts as an attachment point for molded discs carried on the cable.