850429--3/6/2009--TREDEGAR_CORP

related topics
{product, market, service}
{operation, international, foreign}
{property, intellectual, protect}
{investment, property, distribution}
{debt, indebtedness, cash}
{personnel, key, retain}
{cost, contract, operation}
{capital, credit, financial}
{condition, economic, financial}
Our future performance is influenced by costs incurred by our operating companies including, for example, the cost of energy and raw materials. Our substantial international operations subject us to risks of doing business in foreign countries, which could adversely affect our business, financial condition and results of operations. Non-compliance with any of the covenants in our $300 million credit facility could result in all outstanding debt under the agreement becoming due, which could have an adverse effect on our financial condition and liquidity. Our investments (primarily $10 million investment in Harbinger and $7.5 million investment in a drug delivery company) have high risk. Loss of certain key officers or employees could adversely affect our business . Volatility and disruption of financial markets could affect access to credit. Film Products is highly dependent on sales associated with one customer, P G. Growth of Film Products depends on our ability to develop and deliver new products at competitive prices. Continued growth in Film Products sale of high value protective film products is not assured. Our inability to protect our intellectual property rights or our infringement of the intellectual property rights of others could have a significant adverse impact on Film Products. As Film Products expands its personal care business, we have greater credit risk that is inherent in broadening our customer base. Failure of our customers to achieve success or maintain market share could adversely impact sales and operating margins. The markets for our products are highly competitive with product quality, service, delivery performance and price being the principal competitive factors.

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