A deal has been reached to save Axminster Carpets.
The company - which employed 400 people on two sites - went into administration a month ago.
Since then talks have been held with a number of interested parties and it's understood that last night an agreement was finalised with one of them.
Could more Dartmoor car parks charge prices?
There are only a small number at present
MP frustrated over Torbay Hospital funding
Conservative and Labour governments both blamed for under-investment
Plans for affordable homes on Exeter County Hall site
Step forward expected
Teenager jailed for train station rape
He also sexually assaulted a girl on a train
Anger over planned Plymouth road closure
Traffic would be diverted to congested Deep Lane Junction
Cyclist in serious condition following hit and run
Bovey Tracey road closed for several hours
