Cardiff-based company Partspeed has purchased industrial premises in Maesteg, South Wales to build a car dismantling facility.
The company dismantles end of life vehicles and then removes parts for either re-use or recycling.
Director John Goodliffe said: “A revolution is taking place in the car recycling industry and our new site elevates our business to a different level technologically.
“The recycling of parts is carried out inside the unit, where our computer system assesses each individual vehicle and in turn produces a list of parts to be removed, such as engines, radiators, alloy wheels, lights and panels.
“The opportunities for the dismantling industry are substantial and we already export parts to the whole of Europe, the Caribbean, Australia and most recently the USA while of course, the UK is also a big market for us.”