The John B. Stetson Company, founded by John B. Stetson in 1865, was the maker of the Stetson cowboy hats, but ceased manufacturing in 1970. Stetson hats are now being manufactured in Garland, Texas, by Hatco, Inc., who also produce Resistol and Charlie 1 Horse hats. Stetson resumed manufacturing in the 1980s, but the company went bankrupt in 1986. It was purchased by Hat Brands, a company owned by Irving Joel. Since 2009, Stetson has been owned by Pro Equine Group.