For sustainability, industries are now focusing on methodologies for Recycle, Reuse, Repair of a variety of industrial material. Cutting tools used in manufacturing of automobiles have therefore become a part of it. There are many ways in which cutting tools can be recycled. Be it by reshaping a used up throwaway type tool  or by redesigning a tool holder for the use of unused cutting edges . An automobile part was redesigned for reuse of a used up tool . By reforming, very large size grinding wheel used for crankshaft grinding can be reused after it gets smaller in diameter during crankshaft grinding operation . This paper deals with two more implemented ideas to show that with a redesigned tool holder it was possible to reuse used up carbide inserts and significantly cut the manufacturing cost in addition to avoid manufacturing of new inserts and thus conserve natural resources.