Performance Fibers Reviews | Glassdoor

Performance Fibers Reviews

19 reviews

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Full-time Part-time

1.9
Star Star Star Star Star
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Jay Caraviello
7 Ratings

19 Employee Reviews

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  1. "it was nice"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Spindraw Operator in Moncure, NC
    Former Employee - Spindraw Operator in Moncure, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    worked with some good people

    Cons

    worked with some sorry people.

    Advice to Management

    too late now


  2. Helpful (1)

    "Run like there is no tomorrow"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst Lead in Huntersville, NC
    Former Employee - Senior Financial Analyst Lead in Huntersville, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Performance Fibers full-time (More than a year)

    Pros

    No pros to this job, other than it's a paycheck. This place was so dysfunctional it's not funny. Don't bother.

    Cons

    There was very high turnover. In my one year there there was two CFO's and to Sales Directors. The leadership was downright mean. There is no investment in the business, from IT to office supplies. There was zero work / home life balance. Plus the leadership is unethical. For example, I was responsible for paying out the sales people bonuses and there was blatant manipulation of the numbers, from the plan, the cost of goods sold (impacting margins, which was a component of the payout) to Sales.

    Advice to Management

    Fire everyone in a leadership role ..... It's that bad.


  3. Helpful (1)

    "Dying company!!!!! (Now named Durafiber Technologies)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Winnsboro, SC
    Former Employee - Anonymous Employee in Winnsboro, SC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Performance Fibers full-time (More than a year)

    Pros

    Good people to work with on my team and some in other areas. They also have a product that they cannot make fast enough for their customers.

    Cons

    This company simply cannot pay its bills in a timely manner. And this is killing it. Multiple vendors and service providers have put us on a " cash up front" basis.

    Leadership also makes promises on capital investments that never happen. In fact, major capital assets keep getting sold off to raise funds to operate the business with.

    The fear is that the the company is running out of things to sell to raise money to inject into the operations. Once that point is reached the doors will closeZ. The fear of bankruptcy looms.

    Advice to Management

    Sell the company to someone who could keep it afloat and running.


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  5. Helpful (1)

    "Average company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Winnsboro, SC
    Former Employee - Anonymous Employee in Winnsboro, SC
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good people at the plants

    Cons

    Leadership attitude needs a facelift

    Advice to Management

    People are your most valuable resource and should be treated as such


  6. Helpful (1)

    "QC Tech"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sanford, NC
    Former Employee - Anonymous Employee in Sanford, NC
    Doesn't Recommend
    Negative Outlook

    I worked at Performance Fibers (More than 10 years)

    Pros

    family atmosphere with employees, short work weeks to spend time with family

    Cons

    turned on employees when times got hard


  7. Helpful (3)

    "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Winnsboro, SC
    Former Employee - Manager in Winnsboro, SC
    Doesn't Recommend
    Negative Outlook

    I worked at Performance Fibers full-time (More than a year)

    Pros

    Good work experience; big on Lean concepts; lower management and employees are great to work with; lots of opportunities to improve and make immediate impact

    Cons

    No raises in past 8 years and owner is trying to sell; facilities are old; equipment hasn't been maintained in past 8 years thus causing excessive downtime; since ownership is trying to sell they are only fixing what absolutely has to run; pressure to run has resulted in plant manager level and up to make changes in product without informing customers

    Advice to Management

    Don't expect a salary increases and if you value integrity to your customer, look elsewhere. Plant in Winnsboro has had 3 Plant Managers in past 2 years.


  8. "buyer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in China, NY
    Former Employee - Anonymous Employee in China, NY
    Recommends
    Positive Outlook

    I worked at Performance Fibers full-time (More than a year)

    Pros

    it has a good, supportive and fun environment.

    Cons

    The company is very big, a lot of staff, sometimes I didn't even know the colleagues.


  9. Helpful (2)

    "Run away"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Moncure, NC
    Former Employee - Anonymous Employee in Moncure, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Performance Fibers full-time (More than 3 years)

    Pros

    It's a job, better than being unemployed

    Cons

    It is a job, but not sure how long. They've closed many locations, laid off many employees and taken away benefits. Not many positives besides a paycheck. I was there for almost 3 years and went through 3 CEO changes and at least 3 COO changes. If there's that much change up top, it doesn't look well moving forward.


  10. Helpful (2)

    "Greediest company that I have ever worked for.From polyester plant to tree cutting and srap metal"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operator in Salisbury, NC
    Current Employee - Operator in Salisbury, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Performance Fibers full-time (More than 10 years)

    Pros

    Greatest group of workers with lots of knowledge.

    Cons

    No pay raises in 7+ years ( 10% decrease in pay that we never received back). Very poor morale

    Advice to Management

    Its time to pay the workers a lot more respect and spread the wealth. Stop using intimidation from the plant manager to make irresponsible moves cause it looks good on paper. Plant is unsafe with bandages on a lot of the equipment. Nothing is being put back into the plant @ all.


  11. Helpful (2)

    "Performance fibers has ruined the Salisbury plant with their zero reinvestment in the plant."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operator in Salisbury, NC
    Current Employee - Operator in Salisbury, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Performance Fibers full-time (More than 10 years)

    Pros

    Their checks haven't bounced... yet.

    Cons

    zero reinvestment
    do not value their assests including talented knowledgeable employees

    Advice to Management

    Salisbury facility has the ability to make the world's best polyester, but time is limited without reinvesting in the equipment and employees.


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