A fastener installation assembly (10) having a base (12), a first support member (14) mounted to the base to slide upon the base and a second support member (16) mounted to the first support member to slide upon the first support member. The first and second support members have opposed engagement surfaces, one of the engagement surfaces has a stationary member (30) and a moveable member (32) mounted thereon and the other engagement surface has a die member (28) mounted thereon. The fastener installation assembly has first and second power cylinders (18, 20), the first power cylinder (18) is operatively coupled to the first support member and the second power cylinder (20) is operatively coupled to the second support member, the power cylinders move the engagement surfaces together to install a fastener into a panel. The moveable member is mounted proximate the stationary member and moveable relative to the stationary member.