Sinking Ship Trying to Survive - Manager Swanson Industries Employee Review

Very closely tied to coal, underground mining, and CAT (mining) Heavy decline in the past few years---with mining/coal customers going bankrupt or hurting Unsuccessful attempts to get into other markets. (oil/gas, etc.) Revolving door of senior and mid-level management leads to inconsistent leadership and outlook Very little job security (corporate, management, and skilled labor) Fighting to survive in a severely depressed market---Private Equity Ownership keeps them alive...for now.