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.
Torquay father’s concern as son held by Israeli forces
Elliott Roberts was skippering a yacht in Gaza aid flotilla
Torbay is getting a Big Wheel after all!
New operator has stepped in
Drug driver jailed for 12 years after killing woman in crash
Dwayne Arney also banned from driving for 18 years
MP marks Mecca’s card over Exeter bingo hall closure
22 jobs at risk
Multi-million pound construction skills drive hits Devon
£9m for providers and colleges
Search for Devon teen enters 12th day
Efforts stepped up
