Relatively stable end markets, including dairy, water and juice beverages, food and consumer products; and Majority of revenues under multiyear contractual customer relationships that include raw -material pass-through clauses. Fragmented and highly competitive industry structure; Narrow product mix; and Very aggressive debt leverage. The ratings on Consolidated Container Co. LLC and its wholly owned subsidiary, Consolidated Container Capital Inc., reflect the company's very aggressive financial leverage, which overshadows its fair business position in the relatively stable beverage and consumer product packaging markets. With annual revenues of about $742 million, Atlanta, Ga.-based Consolidated Container is a domestic producer of rigid plastic containers for dairy products, water, juice and other beverages, food, household and agricultural chemicals, and motor oil. About 59% of
