Pros
If you have a family and you befriend management this is the spot for you. Decent company health insurance, pension plan match and vacation plan. Some colleagues are really nice, skilled and want to stay, to grow and to retire in this company. Therefor they give their very best.
Cons
Your skills won’t get you market price salary, even less growth career and salary even more if you are a newcomer or a minority. So try to “ socialize” and be a buddy of someone high up there or be a child of one of the upper management you will join the club of some well paid, fast career growth employees. For new graduates the managers might not be the technical expert mentor you need under the new management Management is just pay to boss around but very few are knowledgeable in their field. HR is paid to protect the company so no name employees can’t expect much from the HR. your options are often to suffer in your corner or leave. The open door communication policies, the history of the company beginning and other company events have been just for marketing for years now.