The decline of American industry and its loss of competitive strength in the world economy has led to a need for stimulation of the economy through reindustrialization. Reindustrialization is a part of, or a tool for, economic growth. As such this term is directly linked to productivity and job creation. Several critical elements and procedures are necessary for reindustrialization to occur. These are collaborative policy development, increased investments in plants and equipment, technological innovation, special attention to small business, and investment in human resources. Japan and West European countries have comprehensive approaches to reindustrialization, while reindustrialization policy in the United States is in an embryonic stage. The concept of reindustrialization has major implications for vocational education. Vocational education can have an impact on the process through delivery of education and training that provides general work skill development and occupational skill development. An immediate need exists for retraining and upgrading of adult workers. A well-planned cooperative and coordinated effort must also be conducted by industry and vocational education. Vocational education should conduct assessments to identify training it can provide and then develop and deliver multi-faceted flexible education and training. (YLB)