Mike Stevens, from the Tywyn Chamber of Tourism and Commerce, says he is 'desperately concerned' for staff losing their jobs at the Halo Foods factory.
The Halo Foods factory at Tywyn in Gwynedd will close today, with the loss of 105 jobs.
The company is moving production to its plant at Newport in South Wales.
It says all employees have been offered the chance to relocate, including financial support. A support hub in Tywyn will stay open until the New Year.
The Halo Foods factory at Tywyn in Gwynedd will close tomorrow. The company is moving production to its plant at Newport in South Wales. Only a tenth of the workforce is taking up the company's offer to move to the new factory.
It's emerged that the firm was considering moving out of Wales altogether, and transferring to Eastern Europe.
The loss of more than a hundred jobs at one of the town's biggest employers is expected to hit the area hard. There are calls for help to attract more investment.
Kevin Ashford reports.