Henny Penny Corporation is a successful organization that has traditionally treated its employees well with good compensation and benefits and a good working environment. It was especially good when I first began working there in 1996 with a very friendly, family-like atmosphere.
More recently, around 2007, there were some changes to management that took the company in a direction more focused on selling and manufacturing foodservice equipment primarily to/for Quick Service Restaurants (QSR's). And the culture became more "corporate" and less "family-like" with an increase in "politics" and focus on the bottom line and less concern for employee welfare, career development, and promotion from within and more interest in hiring younger, lower-wage, temporary, outside employees.
In addition to its manufacturing facility in Eaton, Ohio, they have a manufacturing facility in Suzhou, China, which is geared more towards manufacturing equipment to be sold and shipped to Asia. However, as the facility in Suzhou grows, there is always the risk of it possibly taking over some of the production that has traditionally been done in Eaton, depending upon the differences in costs/quality/etc. at each facility and the demand for products and shipping costs in various parts of the world.
A few other long-time (16+ years) employees and myself were laid off throughout the first half of 2013. And in 2001/2002 about 50 "non-manufacturing" employees were laid off. They seem to "prune" their workforce periodically, but they have allegedly never laid off "manufacturing" employees, which is a point of pride for the organization. And, in general, there are many long-time employees (15-, 20-, 25-, 30-plus years) who do not get laid off, but employment is not guaranteed, like most other places of employment these days.
Beyond 2013, I do not know if Henny Penny will retain all of its good qualities ("family-like" atmosphere, good compensation and benefits, good working environment, and quality) because of all of the competitive forces and conditions in the marketplace, but based upon its tradition of excellence and success, you should definitely consider working for Henny Penny and at least apply and meet with them and (like at all companies you are considering) ask them questions and look for signs that they have remained a good place for you to work (ideally talking with any current employees you know) before accepting a position and dedicating your long-term career to Henny Penny.