Frito-Lay, Inc.

is the division of PepsiCo that manufactures,

markets and sells corn chips, potato chips and other snack
foods. The primary snack food brands produced under the
Frito-Lay name include Fritos corn chips, Cheetos cheeseflavored snacks, Doritos and Tostitos tortilla chips, Lay's
potato chips, Rold Gold pretzels, Ruffles potato chips and
Walkers potato crisps (Europe) each of which generated
annual worldwide sales over $1 billion in 2009.

History

Frito-Lay began in the early 1930s as two separate companies, The Frito Company
and H.W. Lay & Company. The two merged in 1961 to form Frito-Lay, Inc. Four
years later, in 1965, Frito-Lay, Inc. merged with the Pepsi-Cola Company, resulting
in the formation of PepsiCo, Inc. Since that time, Frito-Lay has operated as a
wholly owned subsidiary of PepsiCo.
As of 2010, Frito-Lay operates production plants, distribution centers and regional
offices in more than 40 countries, with its Frito-Lay North America headquarters
residing in Plano, Texas. Within North America, Frito-Lay owns (and in some
cases, leases) approximately 1,830 distribution centers, warehouses and offices.
The division also maintains 55 production plants. Its President and Chief Executive
Officer is Tom Greco.

Pepsi Co Business Unit

products

MISSION
World premier company product
seek to produce financial rewards to
investors
provide opportunities for growth and
enrichment to employees, business
partners and the communities in
which we operate
everything they do for honesty,
fairness and integrity.

Vision
To make tasty snack.
High quality product
Customer satisfaction
Social responsibility
At FritoLay, our success lies in our commitment to
provide quality products under some of the worlds
most beloved brand names. As a part of PepsiCo,
were also committed to Performance with Purpose
working with world class talent to make sure what is
good for our business is what is good for everyone.
Tom Greco, FritoLay CEO