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.
Residents angry at plans to sell land at Central Park
Council say house there has been empty for years
Girl who died at Cornish beauty spot named
She was from Newton Abbot
South west police hunt for London man
He's wanted following reports of theft
Devoncast: Inquiry into grooming gangs and the Women's Rugby World Cup
Local Tories say they'll work with police and crime commissioner
Man arrested following lectern theft
It went missing in May
Police searching for wanted Liverpool man
It's thought he's homeless in Plymouth
