Free Download Frito-Lay, Inc. is an American subsidiary of PepsiCo that manufactures, markets, and sells corn ... For the chips the company is named for, see Fritos and Lay's. ... Doolin established a new corn chip business, The Frito Company, in his ... a bank and persuaded the Barrett Company to take the difference in preferred stock. Lay .... This company is not yet accredited. To learn more,..