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; High customer concentration; Very aggressive debt leverage and increased cash interest as senior secured discount notes become cash payable in December 2007; and Significant refinancing risk in the next few years. The ratings on Consolidated Container Co. LLC and its wholly owned subsidiary, Consolidated Container Capital Inc., reflect the company's highly leveraged financial profile, which overshadows its weak business risk profile in the relatively stable beverage and consumer product packaging markets. With annual revenues of about $870 million, Atlanta, Ga.-based Consolidated Container is a domestic producer of rigid
