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.
Calls for inclusion on Plymouth lord mayor role
It traditionally alternates between Conservative and Labour
Upgrades to Plymouth storm overflows to take place
Hoe bathing waters are priority to stop sewage discharges
Dartmoor finances facing biggest cut for years
'Do DEFRA think the Dartmoor pixie exists?'
Rare curlews and martens are leaving Dartmoor - for now
'We hope some of them choose to come back to the wonderful place that is Dartmoor'
Dartmoor phone mast gets the go-ahead
Better broadband and emergency cover promised
Livestock processing plant refused at Shebbear
Concerns about neighbouring land
