The ratings on Marysville, Ohio-based The Scotts Co. continue to reflect its high debt levels and the inherent seasonality and customer concentration in its business. Somewhat mitigating these concerns are the company's competitive position and leading brand names in the consumer lawn and garden market in the U.S. and Europe. Scotts is a leading provider of consumer products for lawn and garden care, professional turf, and horticulture, with well-recognized brand names. The company also provides residential lawn care, tree and shrub care, and external pest control services through its Scotts LawnService. International sales, which account for about 25% of total sales, add some diversity. Nevertheless, competition based on price will be a primary concern for the rating, even though Scotts
