The company produces very reputable prodcuts and can count on its popular brands for growth in the future. For example in 2006, the Association of Dressing & Sauces awarded the Marzetti Company (owned by Lancaster Colony) with the Salad Dressing of the Year and Sauce of the Year for its Asiago Peppercorn Dressing and Horseradish Veggie Dip respectively [1].
Many people are getting more and more concerned with health related problems caused be bad eating habits (obesity, high cholesterol...). There has been a general tred of people buying more healthy, natural, organic, and "light" products, an area the company has strength in.
The company is getting rid of its nonfood operations, meaning they can focus all their attention on specialty foods, a market in which they already have a big presence in.