The Vestas wind turbine plant near Campbeltown is set to close despite demands being up 67% in the past year.
Over 90 people are employed at Scotland's only wind turbine tower factory.
The plant's Danish owners say they have been losing money, they plan to cease production over the coming months and invest in another facility on the Isle of Wight.
Argyll and Bute MSP and Enterprise Minister Jim Mather is planning to meet workers over the next week in the hope of saving the operation.
Argyll and Bute Council leader, Dick Walsh, said: "This factory has supplied many people with employment opportunities since it opened.
"The announcement will have a devastating impact on the whole community.
"In spite of this body-blow to the Kintyre economy, we are continuing to look at projects which may help to regenerate this fragile community."
(GK/JM)
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