Home›Procurement News›United Kingdom : Transatlantic deal sealed in San Francisco and welcomed by First Minister
Procurement And Tender News
Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
United Kingdom : Transatlantic deal sealed in San Francisco and welcomed by First Minister
Publish Date : 14-Feb-2013
Wales based Hydro Industries today announced a joint venture with T&T Salvage - one of the worlds’ largest and most successful salvage companies – which is set to create 100 new jobs.
The deal - sealed in the presence of the First Minister Carwyn Jones on Monday evening in San Francisco - will see unique products that have been developed and patented in Wales deployed across the United States market.
The First Minister, who is leading a trade mission to the region, congratulated both companies and said:
\"The Welsh Government is delighted to have worked closely with Hydro Industries in Wales and will continue to support them in their joint venture with T&T Salvage and their continued growth as a company 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.\"
Hydro Industries, based in Llangennech, is a high-tech company specialising in the design, manufacture and operation of electro-based water treatment products.
The company will be supplying some of their highly specialised patent protected products to T&T Salvage and undertake research and development of new bespoke products for T&T Salvage.
T&T Salvage operates one of the most extensive response networks in the world. Positioned throughout the United States and its territories, T&T Salvage owns and maintains fast response fire fighting systems, inert gas generators, nitrogen generators, ship-to-ship (STS) pumping and lightering systems and diving systems, all transportable by air.
