Relatively stable end markets, including dairy, water and juice beverages, food and consumer products; and Majority of revenues under multiyear contracts 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 weak business position in the relatively stable beverage and consumer product packaging markets. With annual revenues of about $814 million, 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 58% of the company's revenues are derived