An apparatus for finishing or shrinking webs of material such as textile webs, both of the knit and woven variety; and non-woven like webs, all usually made from fibrous like materials. The apparatus, generally comprises first and second roll like members. One is capable of being driven faster than the other and both are disposed to drive belts for moving the web. The apparatus also includes a compaction or finishing zone formed between the belts by an adjustably disposed idle roll like member and one of the roll like members. The plural belts are disposed to run around the roll like members so that a web may be fed on a sheet like member to facilitate finishing or shrinkage of the web in the finishing or compaction zone formed between the belts which are caused to abut each other by roll like members disposed inside the abutting belts. The sheet like member being disposed relative the zone so that treatment of the web in said zone is optimal.