2.0
Jan 18, 2017
Recommend
CEO approval
Business Outlook
Pros
Markets are largely insulated from competitive pressure, so the core products are quite profitable and for a manufacturer, has been more stable than most. Historically has had a capable, loyal workforce but in recent years has devalued good people to the point where many have left and the survivors feel like they are under siege.
Cons
Owned by the Weir Group in Scotland, who is quite distant from the operation, other than to constantly demand more profits. Has been acquisition crazy and has consolidated many businesses to increase profits, at the expense of the employees. Quite topheavy with layers of self centered executives who like to abuse people.