The ratings on Consolidated Container Co. LLC and Consolidated Container Capital Inc. reflect the firm's solid positions in several niche-packaging segments, offset to a large extent by a weak financial profile. The company is a leading producer of rigid plastic containers for a variety of consumer products, including dairy, water, foods, beverages, household and agricultural chemicals, and motor oil. Significant market shares in several categories, strategically located facilities (including numerous operations on site at customers' plants), and long-established relationships with key market customers provide some barriers to entry. Still, customer concentration is high, as the top 10 customers account for about 43% of sales. End markets are mostly stable, but product diversity is relatively limited and competition is high. Moreover,
