FRITO LAY

Frito-Lay, a key business unit within PepsiCo, is a market leader in the snack food industry. It manufactures some of America’s favorite snack foods including, FRITOS®, LAY’S®, DORITOS®, CHEETOS®, AND TOSTITOS®. Frito-Lay was founded in 1932, by C.E. Doolin. Mr. Doolin later purchased H.W. Lay & Company in 1961 and formed Frito-Lay, Inc. In 1965, Frito-Lay, Inc. merged with Pepsi-Cola Company, resulting in the formation of PepsiCo, Inc. Today, Frito-Lay operates as a wholly owned subsidiary of PepsiCo.