An apparatus and method for producing a sheet of brake lining material utilizes a mold which has a mold base and a mold frame. The mold frame is slidingly received on the mold base. The sliding relationship between the mold frame and the mold base results in a mold cavity which has a variable volume. The variable volume of the mold cavity allows the cavity to adjust to the size of material initially placed in the mold cavity thereby eliminating any mold flash and/or scrap material.