Pluspunten
You are given lots of responsibility and you are challenged everday. From the first interview they tell you that you will be designing and project managing million-dollar projects, and that's exactly what you do. In just a couple years I have become a much better engineer due to the wide variety of concepts and tasks I'm responsible for. Good pay and bennies. They have lots of work, so it's a very stable job. Nice new facilities and good coworkers.
Minpunten
Because the company is so busy, some days can get hectic. Projects are scheduled tightly and as a result there are always scheduling issues. There seems to always be a crisis brewing. They expect you to design the equipment and project manage, and sometimes that can be a bit overwhelming. This is not a job for a weak engineer. The management, especially the president/owner, expects excellence, so if you make stupid mistakes or show bad judgment, he'll definitely let you know about it.