Company Overview of Frito-Lay, Inc.
Frito-Lay, Inc. manufactures and markets snacks. The company offers potato and corn chips. The company offers gluten-free party and fun snacks. It serves customers in the United States and internationally. Frito-Lay, Inc. was formerly known as The Frito Company and changed its name to Frito-Lay, Inc. in September, 1961. The company was founded in 1932 and is headquartered in Plano, Texas. Frito-Lay, Inc. operates as a subsidiary of Pepsico, Inc.
7701 Legacy Drive
Plano, TX 75024-4099
Founded in 1932
Key Executives for Frito-Lay, Inc.
Senior Vice President and Chief Information Officer
Senior Vice President of Portfolio Marketing & Analytics
Senior Vice President of Supply Chain
Compensation as of Fiscal Year 2017.
Frito-Lay, Inc. Key Developments
Frito-Lay Issues a Voluntary Recall of Several Varieties of Rold Gold Pretzels
Jun 9 16
Frito-Lay issued a voluntary recall of several varieties of Rold Gold pretzels that can be found in stores and vending machines. The move follows Hostess's voluntary recall last week of 710,000 cases of snack cakes and doughnuts. The recalled products include Ding Dongs, Zingers and different flavors of snack doughnuts. The companies cite supplier Grain Craft's recall of a certain type of flour that included peanut residue. The Food and Drug Administration says Grain Craft only sells to other companies and not to consumers. A list of other products recalled over the flour can be found on the FDA's website.
Frito-Lay Inc. Expands Distribution Footprint in Southwest Charlotte
May 24 16
Frito-Lay Inc. has grown its local distribution space to include a new facility off Westinghouse Boulevard in southwest Charlotte. The Plano, Texas-based snack-food maker has signed on for 112,000 square feet at Ridge Creek Distribution Center. That industrial building at 10230 Ridge Creek Drive contains nearly 109,000 square feet of warehouse space and 6,080 square feet of office space. Ridge Creek is a master-planned industrial park developed by Childress Klein in two phases. Exeter Property Group owns the building where Frito-Lay is leasing space. That Pennsylvania-based firm purchased the distribution building in 2013 for $13.3 million. Childress Klein is developing the second phase, Ridge Creek West, on a 63-acre site that contains two industrial buildings, called Ridge Creek West I and Ridge Creek West II. That park has a buildout estimation of nearly 900,000 square feet.
Frito-Lay Launches Smartfood Spicy Jalapeno Ranch Popcorn
Feb 12 16
Frito-Lay has launched Smartfood spicy jalapeno ranch popcorn. The all-new popcorn flavor combines the spice from jalapenos with a cool and creamy finish for an unforgettable taste. With 100% whole grains, a light and airy crunch and just the right amount of heat, this popcorn will be a snacking staple for spice lovers everywhere.
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