Crisis talks are underway to rescue Axminster Carpets which crashed into administration yesterday.
The East Devon employer of 400 people had been trying to beat the economic downturn by breaking into niche overseas markets, but this has not been successful.
Axminster Carpets also owns businesses that employ 50 staff in other parts of Devon.
Teenager killed after getting out of ambulance on M5
He crossed carriageway before being hit by car
Thugs jailed for 'ferocious' attack
16 months for beating up man
Public asked for views about Devon libraries
You may be able to use them when they're closed
Christmas cancelled in Crownhill
Lights out to save cash
Hourly services return on Exeter to Waterloo line
Speed restriction removed on SWR line
