Apparatus for connecting a new furnace electrode to a consumed electrode mounted in the furnace comprising means for releasably holding a new electrode to be connected to the consumed electrode, means for rotating said holding means, means including a universal joint for interconnecting said holding means and rotating means, means for vertically moving said holding means and said rotating means to align the electrodes, and cooperating means carried by the new electrode and the consumed electrode to threadedly interconnect said electrode during rotation of said rotating means, said holding means and said new electrode.