Frito-Lay, a key business unit within PepsiCo, is a market leader in the snack food industry. It manufactures 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.