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; and Very aggressive debt leverage. The rating on Consolidated Container Co. LLC and its wholly owned subsidiary, Consolidated Container Capital Inc., reflects the company's highly leveraged financial profile, which overshadows its weak business risk profile in the relatively stable beverage and consumer product packaging markets. Atlanta-based Consolidated Container has annual revenues of about $922 million and is a domestic producer of rigid plastic containers for dairy products, water, juice, and other beverages; food, household, and agricultural chemicals; and motor oil. The company derives about 59%
