Pros
It is a small company.
Cons
When the private equities group purchased it, they brought in their president, and he hired a CFO who had previously been found in financial statement fraud. (Google Dan Skrypek and Buca.) He worked his magic, and they eliminated a bunch of inventory. They canceled product offerings and changed from precision manufacturers to less expensive ones. The entire fantastic engineering department left, and new engineers with no waterjet or machine-building experience were brought in. The president was able to control what they did. The entire assembly group left except 1 electrician. About a year and a half later, it was sold to another investment group. The president stayed on with a performance bonus in place. I'm sure he will be retiring soon. They dropped the quality of the equipment, eliminated offerings and updated the systems to force existing customers into expensive upgrades. I'm sure it won't be long before President Murray retires. The place was a great place to work when it was family-owned. Since the sales to private equity, the tribal knowledge is gone! All but three people from the original Jet Edge remain. Everyone got the heck out! The president is a fantastic liar who promises great improvements that will never come. The quality of the machines is embarrassing!