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.
Tributes paid to councillor who died
Mike James was a 'role model to all'
Newton Abbot rubbish tip upgrade starts next week
'The timescales are challenging, and require prompt action'
Car park flats could ruin Roman ruins
Developers asked to return to the drawing board
Exeter City end 15-match winless run
Match Report: Exeter City 3-0 Doncaster
Roadworks frustrating Kingsbridge locals
Anger as town is hit by ‘Pandora’s Box’ of problems
Fears homes will create more gridlock on “car park” roads
450 homes approved near Barnstaple
