retoolverb
uk/ˌriːˈtuːl/us[ I or T ] PRODUCTION 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.
[ T ] US informal MANAGEMENT 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.
retooling
noun [ C or U ]
PRODUCTION
The new model doesn't require a complete retooling of existing assembly lines.