Pros
Hach company is a leader in the field of water quality instrumentation. It has highly-integrated manufacturing capabilities encompassing everything from injection molding to circuit boards. The people are friendly, and everyone tries to do a good job. If you want to see "lean" manufacturing and business practices happening in the real world, look here.
Cons
Management is almost exclusively by spreadsheet. Under the guise of "continuous improvement", yearly goals are set so that nobody can actually meet them. Almost everyone gets a "C" on their review, and raises rarely top 3%. Investment in new product development had risen in recent years, but R&D spending is still no more than 6% of sales. Hach's corporate owner, multinational Danaher, is using the business as a cash cow to fund other acquisitions.