retool

retool
retool re‧tool [ˌriːˈtuːl] verb
1. [intransitive, transitive] MANUFACTURING to change or replace the production equipment used in a factory:

• It will spend $300 million retooling a plant to produce televisions.

retool for

• The company plans to shut two plants for a month to retool for the redesigned minivans.

2. [transitive] informal to change the way in which something is done:

• Two big auction houses are retooling their sales strategies in hopes of succeeding in a difficult market.

— retooling noun [uncountable] :

• the high costs of retooling and operating a small-scale production facility

* * *

retool UK US /ˌriːˈtuːl/ verb
► [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.


Financial and business terms. 2012.

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Look at other dictionaries:

  • retool — (v.) 1866, to shape again with a tool, from RE (Cf. re ) back, again + TOOL (Cf. tool) (v.). Meaning to furnish a factory with new equipment is recorded from 1940. Related: Retooled; retooling …   Etymology dictionary

  • retool — ☆ retool [rē to͞ol′ ] vt., vi. 1. to adapt the machinery of (a factory) to the manufacture of a different product by changing the tools and dies 2. to reorganize to meet new or different needs or conditions …   English World dictionary

  • retool — v. 1) (D; intr., tr.) to retool for (to retool for wartime production) 2) (H) to retool a plant to build prefabricated houses * * * [ˌriː tuːl] (H) to retool a plant to build prefabricated houses (D; intr., tr.) to retool for (to retool for… …   Combinatory dictionary

  • retool — UK [ˌriːˈtuːl] / US [ˌrɪˈtul] verb Word forms retool : present tense I/you/we/they retool he/she/it retools present participle retooling past tense retooled past participle retooled 1) [intransitive/transitive] to replace the tools, equipment, or …   English dictionary

  • retool — verb Date: 1927 transitive verb 1. to reequip with tools 2. reorganize 3. revise, modify intransitive verb to make especially minor changes or improvements < retool for the future > …   New Collegiate Dictionary

  • retool — retoolable, adj. /ree toohl /, v.t. 1. to replace or rearrange the tools and machinery of (a factory). 2. to reorganize or rearrange, usually for the purpose of updating: to retool the industrial organization. v.i. 3. to replace or rearrange the… …   Universalium

  • retool — verb To adjust; optimize; to rebuild. He decided it was time to retool last years marketing brochure …   Wiktionary

  • retool — re|tool [ˌri:ˈtu:l] v 1.) [T] AmE informal to organize something in a new way ▪ The College Board has retooled the admission exams. 2.) [I and T] to change or replace the machines or tools in a factory …   Dictionary of contemporary English

  • retool — re|tool [ ,ri tul ] verb 1. ) intransitive or transitive to replace the tools, equipment, or machines in a factory with different or more modern ones 2. ) transitive AMERICAN INFORMAL to organize something in a different way in order to improve… …   Usage of the words and phrases in modern English

  • retool — [[t]ri͟ːtu͟ːl[/t]] retools, retooling, retooled VERB If the machines in a factory or the items of equipment used by a firm are retooled, they are replaced or changed so that they can do new tasks. [be V ed] Each time the product changes, the… …   English dictionary

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