Pros
Not many pros I can come up with except they are lucky enough to have a few good people still working for them.
Cons
This company is without a doubt a sinking ship, and the only ones to blame are ownership and plant management. A large number of high quality people have left in the last 3 years due to extraordinary plant management, and engineering management incompetence. Product quality has fallen to extremely low levels in the last 7 years. They are losing customers at an alarming rate. This once proud leader in their field, can't get 15% of their jobs completed on time, and the worst part is that they don't seem to care. Pay/merit raises have averaged well below 2% for the last 8 years, and benefits have dropped off significantly. Morale is extremely low in all departments as employees wonder why the business is being run in to the ground literally. Little chance for advancement, and you won't see much of a pay increase if you are lucky enough to be promoted.