0 to replace the machines and equipment used in a factory: --
retool a plant/factory The auto industry should receive 'substantial incentives' to retool factories to develop more fuel-efficient vehicles, such as hybrids.
July is a slower month because many plants shut down to retool.
1 to organize something in a new or different way in order to improve it: --
We have been forced to retool our business strategy in light of global realities.
The administration could have retooled the tax system to discourage consumption.
They left it rehabilitated, rebuilt, re-equipped and retooled.
By targeting this funding, we can retool our economies to drive out of recession.
It would give us a year or 18 months in which to retool, rejig and retrain in order to keep the work force occupied.
In order to make themselves more competitive, factories in my constituency must go abroad to find the machinery with which to retool.
In this case industry will be highly concentrated, and with changing techniques and trade demands it may be necessary for industry completely to retool.
Investment incentives could be reintroduced to help companies to retool, which would help the machine tool industry and equipment suppliers.
No group of workers could be more important to us, if our aim is to retrain and retool, and to rebuild our manufacturing base.
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.
