DERBY, England - Rolls Royce has just informed the news media that they have decided to move their operations overseas to the Republic of Mexico.
Covington Willard Fogstenmeister, III, a spokesperson for the auto manufacturer, explained that the reason for the move was to save on labor costs as well as on transportation costs.
He pointed out that auto workers in Mexico do not make anywhere near the salary that British auto workers make.
Fogstenmeister noted that logistics played a major part in the company's decision. He commented that since 90 percent of the Rolls Royce's are sold in the United States, it makes perfect sense to build them as close to the USA as possible.
The new Rolls Royce plant will be located in Nuevo Laredo, Mexico, across from La Plaza Nacional de Toros (The National Bullring).
SIDENOTE: The Rolls Royce Company has stated that about 17 percent of the English employees have decided to relocate to Mexico. The company will pay all moving expenses plus they will give each employee a one-time goodwill payment of £20,000 [$32,812.50 U.S.]