The present invention provides a novel cam-actuated spindle assembly for selectively attaching a cam follower to a capping spindle. By adjusting the assembly, the user can easily adjust a capping spindle to follow a selected one of different tracks that are formed into a barrel cam. This simplifies the process of adjusting a bottle capping or corking machine to accommodate a variety of products with different types and sizes of closures and bottles. The mounting assembly weighs considerably less than a spindle or barrel cam, and therefore, is considerably easier to reposition and adjust. There is no need to remove the barrel cam or change out the spindle, which significantly reduces costs, down-time, and manpower requirements. The mounting assembly is designed to be compatible with existing bottle capping equipment.