Pros
Family run business with a willingness to invest in capital. Product improvements made without respect to cost. Manufacturing facilities are pristine and look great during customer tours. Driven towards manufacturing efficiency.
Cons
Ownership often communicates mixed messages and competing objectives. Little to No sharing of information to make informed decisions because almost all data is seen "too sensitive" to share. No potential for meaningful advancement because all of the senior positions are occupied by owning family. No organizational charts ever published making it difficult to understand who does what. No standard procedures, common practices or best practice sharing done between the various First Quality Companies - organization of silos. Little to no metrics to drive results - everything is subjectives other than machine speeds. Almost every decision is delayed due to the need for ownership input.