Scottish Borders councillor Gavin Logan, said:
"Innerleithen has had more than its share of bad luck in recent years and I hope that every effort is being made to attract new businesses and jobs to the town."
"The company prided itself on its 'Caerlee Mills 100 per cent made in Scotland' label but has now fallen victim to the harsh economic tradition conditions in the knitwear industry."
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The two grenades were on board a fishing boat heading for Stranraer harbour.
Storm Doris is set to bring wet, windy and wintry weather to the region.
Carl Hodgson, who lives in the town, was sentenced to three years and six months behind bars at Manchester Crown Court today.