Hamilton Labour list MP Sue Moroney will convene a meeting of Hamilton business leaders, MPs and city councillors to discuss whether there are any other options for the future of Hutton's workers.
Last week Goodman Fielder, which own the Frankton Hutton's meat processing factory, announced the proposed sale of the business to Hellers.
All 125 employees will be made redundant should the deal proceed following the consultation process underway staff this week. Ms Moroney said the city needed leadership on the issue.
''It has such a big impact on our community. It's not just a commercial decision it's much bigger than that.
''At the very least from the leaders in Hamilton, there needs to be some leadership. We need to work out what approach we want to make.''
She said information had come to light that there were other bidders who had offered to buy the brand and site which would have meant the jobs could stay.
Ms Moroney said the thrust of discussions would be to consider that information and look at any options available to keep jobs at the site.
However, she said she was unsure of whether Goodman Fielder or Hellers among those attending the meeting.
''It may well be that Goodman Fielder are in the room too. They may not want to choose to be there.''
She said the sale was not done and dusted, as the consultation process with staff was yet to conclude.
She also said the Commerce Commission, which looks at whether business sales will limit competition, had not yet had a look at the proposed sale.
Ms Moroney is yet to confirm the date of the meeting, but said it would either be Monday or Friday