0 to replace the machines and equipment used in a factory:
July is a slower month because many plants shut down to retool.
retool a plant/factory The auto industry should receive 'substantial incentives' to retool factories to develop more fuel-efficient vehicles, such as hybrids.
1 to organize something in a new or different way in order to improve it:
The administration could have retooled the tax system to discourage consumption.
We have been forced to retool our business strategy in light of global realities.
Southern rulers would have to retool not only the party but also state institutions if they wanted to maintain power over their polities.
And, as the existence of this journal attests, intellectual history has retooled to take seriously the contexts for ideas and intellectual movements.
Because the car was supplied by the contracting railroad, it was usually of the cheapest possible construction, often being a retooled wooden freight car.
We cannot retool any factory to provide them with fresh employment.
He can retool his factory and produce completely different lines.
The cost of retooling their machines is very great.
If we took it over, we should have to retool the whole thing.
I refer to regulation that is stable and predictable, and allows business to adapt, with sufficient time to retool to meet improving standards over time.