1. to replace or reorganize the tools and machinery of a factory or workshop
Usage: manufacturing
2. to reorganize or restructure something to make it more effective or suitable for new purposes

Examples

• The auto manufacturer retools its assembly line every few years.
• The factory will retool to produce electric vehicles instead of gas-powered cars.
• After the merger, the company retools its entire marketing strategy.
• The school district retools its curriculum to meet new state standards.
• Management decided to retool the department to improve efficiency.
• The software company retools its development process for faster releases.