The Welsh Government says it welcomes the new deal between Llangennech-based company Hydro Industries and US giants T&T Salvage and will 'continue to support them' in their venture.
The agreement is set to create 100 jobs in Wales.
I welcome this new venture involving two companies that between them have the potential to bring about real environmental benefits through mitigating the damaging effects of disasters, whether they be natural or man-made.
This agreement today will not only launch Hydro into the US emergency response arena – a truly significant market - but will also generate a good number of high quality jobs in Wales.
More top news
Extremists are using rural parts of west Wales to train and radicalise people, that's according to an officer from an anti-terrorism unit.
To mark World Autism Awareness Day, Welsh care group Orbis are launching a new campaign to change the way Autism is perceived.
This TV election debate represents the biggest chance that any Plaid Cymru leader has ever had to make a mark on a UK election.