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CCC

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CCC
A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.


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Armstrong joined CCC in 1989 and, like Alen, rose through the ranks of the company, previously serving as Executive Vice President and Vice President of Transactional Services.
CCC plans to expand the plant and service a number of established customer locations in the Southeastern United States.
CCC announced in July the acquisition of the assets of Quintex Corporation (Utah).
 
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