A Spanish company and maker of high-speed trains is considering opening a manufacturing site in St Helens.
It is believed Talgo are interested in moving to the former Parkside site in Newton-le-Willows.
A spokesman for St Helens Council said: “A number of international companies have considered St Helens as a site for new manufacturing facilities and we have been involved in a number of discussions facilitated by the Department for International Trade and their predecessor agencies.
“This has included more than one company looking to open a new train manufacturing facility and does include Talgo who visited the Liverpool City Region area last week as they are looking at a possible operation within St Helens in competition with another site in Yorkshire.
“Such discussions are usually kept confidential due to the commercial nature of the enquiry and a requirement for the council to agree to non-disclosure requirements before an operator will even consider a site.
“However, in this case it has been widely reported that the operator is considering a site within the borough.
“At this stage we are providing Talgo with further information following a number of positive meetings.
“Any operation would require necessary planning approvals while the company itself would need to secure contracts within the UK before progressing with any facility.
“It is not therefore an overnight process and there will be many hurdles to be overcome. We are confident our strategic location means that many other enquiries will continue to consider St Helens as an investment location.”