spin out of

spin something out of something

 and spin something out
to remove liquid from something by spinning. The washer spun the water out of the load of clothing. The washer spun out all the water in the clothes.
See also: of, out, spin
References in classic literature ?
They saw the trunk into planks, and sew them together with thread which they spin out of the bark, and which they twist for the cables; the leaves stitched together make the sails.
Nasdaq:AXPH) announced today the spin out of its pharmacogenomics group into a majority-owned subsidiary, PPGx, Inc.