Apparatus and method for placing corner protectors upon corner regions of loads or articles to be wrapped, banded, or otherwise packaged comprises a plurality of corner protector magazines and operatively associated corner protector pick-up arm and transfer assemblies which are divided into two groups of diagonally opposed magazines and pick-up arm and transfer assemblies wherein the two groups of magazines respectively house corner protectors having two different height dimensions. Depending upon the sensed height dimensions of the loads or articles, one of the two groups of magazines and pick-up arm and transfer assemblies are selectively activated so as to place the proper dimensioned corner protectors upon corner regions of the loads or articles.
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