Collegiate Manufacturing Company of Ames, Iowa has the longest running history of college pennants dating back to the early part of the 20th century. The company has changed names and ownership a few times during the past century, but they are still in operation today. Today they are known as Collegiate Pacific and operate out of Roanoke, Virginia. For a detailed history of the company, check out this site: https://pennantfever.weebly.com/blog/category/collegiate-mfg-co