Pros
The Latin expression Pros & Cons has very little pros here, the current owners Colfax have managed to sell off all of Howden's assets and now they are selling the company, so much for the blind who could not see this coming. Quite funny actually, now that it is up for sale, who in their right mind would buy a company with no assets (perhaps another asset stripper?) My old Sales Director had a very apt euphemism for the American owners "quite simply they were dumb". Again this year Howden were badly in need of orders so they decided that they would only take orders with inflated margins (obviously to help Colfax buy another company and close Howden) and in the current climate this meant they got very few orders and at a time when they are trying to sell, What prospective purchaser would want to take on the idiots who have run this fine company into the ground, with strategy like this.
Cons
Where do I start, why would anyone want to join a company which has no future and where the current directors did not having enough gumption to stick up for what was once a very proud and prosperous company. The brand is fast becoming toxic because they have sold all the best manufacturing sites and tried to get the work done cheaply abroad.
