v.1. To equip oneself with tools or machinery needed for a particular job: The company tooled up to produce the new product.
2. To equip someone or something with tools or machinery needed for a particular job: The company still hasn't tooled up all of its new factories. The supplier travels to every workshop each week to tool them up.
3. To supply or equip oneself with weaponry; arm. Used chiefly in the passive: The gang was tooled up and ready for a fight.