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.

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Founded in 1932, Frito Lay is one of the largest snack foods companies in the US In 1961, it merged with the Frito Company, becoming Frito-Lay, Inc., and later on, in 1965, with Pepsi-Cola to form PepsiCo. The company owns such famous brands as Lays, Doritos, Cheetos, Tostitos, Cracker Jack, etc.

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