Frito-Lay, Inc. (; FREE-toh-LAY) is an American food company that manufactures, markets, and sells snack foods. It began in the early 1930s as two separate companies, the Frito Company and H.W. Lay & Company, that merged in 1961. Frito-Lay itself merged with the Pepsi-Cola Company in 1965 to create PepsiCo. Since the merger, Frito-Lay operates...