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Frito-Lay, Inc. is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods. ... Frito-Lay began in the early 1930s as two separate companies, The Frito Company and H.W.
Its primary brands include Lay's and Ruffles potato chips, Doritos tortilla chips, Tomtits tortilla chips and dips, Cheetos cheese flavored snacks, Frito scorn chips, Old Gold pretzels, Sun Chips, and Cracker Jack popcorn.
Frito-Lay brought several iconic and profitable snack brands to PepsiCo, including six of today's billion-dollar brands: Cheetos, Doritos, Tomtits, Lay's, Walkers, and Frito.
Cheetos (formerly styled as Cheetos until 1998) is a brand of cheese-flavored puffed cornmeal snacks made by Frito-Lay, a subsidiary of PepsiCo. Frito creator Charles Elmer Domain invented Cheetos in 1948, and began national distribution in the U.S.
Doritos (/Fritz/) is an American brand of flavored tortilla chips produced since 1964 by Frito-Lay, a wholly owned subsidiary of PepsiCo.
Frito-Lay's manufacturing facility in Casa Grande, Arizona, mainly produces potato, corn and tortilla chips. It turns about 500,000 potatoes into potato chips every day.
In 1961, the two companies merged and Frito-Lay, Inc. was born. Four years later in 1965, Frito-Lay, Inc. merged with Pepsi-Cola to form PepsiCo.
Frito Company acquires the rights to Ruffles brand potato chips. 1961: The Frito Company and H.W. Lay & Company are merged to form Frito-Lay, Inc.
Frito-Lay Strongly Placed In The Domestic Snack Market The salty snack market is worth $28.2 billion presently, with potato chips and tortilla chips forming 20% and 13% of the sales respectively.
Frito-Lay drives PepsiCo Q1 sales Frito-Lay North America recorded a quarterly net revenue of $3.62bn, increasing by 3% from last year's $3.50bn, while its operating profit remained at $1.05bn this year.
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