896622--2/26/2010--APTARGROUP_INC

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{condition, economic, financial}
{cost, operation, labor}
{operation, international, foreign}
{competitive, industry, competition}
{loss, insurance, financial}
FACTORS AFFECTING OPERATIONS OR OPERATING RESULTS If we experience a long-term global recession, our business and operating results could be materially adversely impacted. In difficult market conditions, our high fixed costs combined with potentially lower revenues may negatively impact our results. We face strong global competition and our market share could decline. We have foreign currency translation and transaction risks that may materially adversely affect our operating results. If our unionized employees were to engage in a strike or other work stoppage, our business and operating results and financial condition could be materially adversely affected. If we were to incur a significant product liability claim above our current insurance coverage, our operating results and financial condition could be materially adversely affected.

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