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
Some sunshine in the morning but most of the country will turn cloud and damp in the afternoon.
Low cloud will bring murky conditions with extensive hill fog.
The team, which is manned by volunteers, will operate out of Pontardawe Fire Station in partnership with Mid and West Wales Fire Service.