
The Scottish Government says it's "actively exploring" a package, which could deliver new work for the Alexander Dennis bus factory in Falkirk.
400 people are at risk of losing their job, with the company looking to close the site down.
First Minister John Swinney has asked the company to consider extending its consultation period.
The Scottish Government say details are "commercially sensitive".
The First Minister said:
“Scottish Ministers place the utmost importance on the presence of Alexander Dennis in Scotland and the retention of its highly skilled manufacturing workers.
“The Scottish Government has committed to exploring any and all viable options throughout the consultation period to allow the firm to retain its skilled employees and manufacturing and production facilities.
“While I cannot provide details due to commercial sensitivity at this time, I hope this update provides the workforce and local community with further assurance that the Scottish Government remains wholly committed to supporting the future of bus manufacturing in Scotland.
“We will undertake this work in tandem with every other short, medium and long-term opportunity we continue to explore in close collaboration with the company, Unite, GMB, Scottish Enterprise, Transport Scotland and the UK Government.”