Dundee East MSP Shona Robison and city council leader John Alexander have vowed to do all they can to secure the future of the Michelin plant.
Ms Robison said she has not given up hope following the company’s decision to close the factory in the next couple of years.
She said Michelin had appeared to have a “bright future” in the city after the company invested £61 million in the plant in recent years.
She added: “The first stage is to ask: is there a viable plan that could save this factory? That’s the question that needs to be asked and needs to be looked at in detail.
“If the answer to that is yes, then it’s about looking at what that would take and where it would come from. Is there something in the Tay Cities Deal?”
Mr Alexander, who attended a meeting at the factory with Economy Secretary Derek McKay, said they would be discussing options.
He said: “There are various elements that still need to be thought through.
“We are clear that we won’t be accepting this as the final outcome until we’ve had time to explore options with the Scottish Government and others.
“Can we diversify the factory? Can we look at the retention of a proportion of work?
“If we end up at the worst-case scenario, we need to be clear that we need a package of support for the workforce and a clear industrial and training strategy which helps get people back into employment.
“Our focus is absolutely on trying to keep Michelin in Dundee, however challenging that might seem.”