Michelin workers could be in line for a share of an extra £10 million wrangled out of the Scottish Government for the Tay Cities Deal, a Dundee MSP has suggested.
Michelin bosses are expected to sign a pledge by Christmas to deliver replacement jobs at its doomed Dundee site.
Michelin workers have said the news that the firm is to press ahead with the closure of its Dundee plant was a foregone conclusion.
Economy Secretary Derek Mackay has presented Michelin with two proposals to try to save jobs at its closure-threatened factory in Dundee.
The leader of Dundee City Council is to spend the next few days “making a case” to persuade Michelin to keep a foothold in the city.
Plans to relocate Dundee and Angus College to the Michelin factory site could be put to bosses at the tyre giant as early as this week.
More than 70 people from the Dundee business community attended a breakfast meeting hosted by Michelin yesterday when they learned how they could have a role in preparing young people in the city for the world of work.
An action group set up to look at alternative options for the closure-threatened Michelin factory will hold its first meeting on Monday.
First Minister Nicola Sturgeon has said her thoughts are with workers at the closure-threatened Michelin tyre factory in Dundee as she pledged to leave “no stone unturned” in attempts to secure its future.
Converting the Michelin factory to provide small-scale tyre production alongside research and development could be one way to preserve the company’s presence in Dundee, the leader of the city council has suggested.
Workers at Michelin were the last to know their jobs had been scrapped, as the firm took four weeks to notify staff and held crunch talks with Scottish Government ministers.
The firm behind the £100 million replacement for the Baldovie incinerator in Dundee said construction work would continue.
Dundee and Angus College has said it will try to help Michelin staff retrain in order to find alternative employment after the factory’s closure.
Unite the union says it was confident of securing a "flexibility agreement" before Michelin unexpectedly announced the closure of its Dundee factory.
The Scottish Government has issued a statement on the future of Michelin Dundee after urgent talks were held earlier today.
Workers at the Michelin tyre factory in Dundee today told how news that the plant is to close with the loss of almost 850 jobs came "out of the blue" after they received text messages calling them to a meeting to confirm its closure.
Talks are expected to take place following the decision by Michelin to close its Dundee tyre factory in the next couple of years.
Michelin has tonight announced it will close its Dundee factory within the next two years.
Hundreds of jobs are at risk at Michelin's tyre factory in Dundee amid claims that cheaper foreign imports are having an impact.