Allan Jones completes purchase of Hardwick Clothes

photo Allan Jones has bought Hardwick Clothes.

Arkansas-Ole Miss Live Blog

America's oldest maker of tailor-made clothing has a new owner and a new lease on life with the acquistion of the 134-year-old company this week by Cleveland, Tenn., businessman Allan Jones.

In a statement today, Jones said his $1.9 million purchase of the bankrupt suit maker represents only the start of his investment and turnaround plans at Hardwick Clothes, which he said should be aided by a growing consumer desire for American-made goods. Hardwick Clothes is one of the few domestic makers of designer suites in the United States.

"I am convinced the pendulum is swinging back to 'Made in America,' after the Men's Wearhouse acquisition of Joseph Abboud - one of America's traditional suitmakers," said Jones, founder and CEO of the payday lending business, Check Into Cash.