A pet or animal toy is constructed of multiple different layers, each layer made of a different type of material to provide the toy with multiple attributes or characteristics. In a preferred embodiment, a pet toy includes a fabric outer layer, an inner noisemaking layer, and one or more inner elastomeric layers. Sufficient thickness or bulk for the toy is achieved by providing relatively thick inner elastomeric layer(s). A noisemaking element or “squeaker” may also be incorporated within the toy. One or more additional layers may be added such as one or more interior fabric layers to add strength to the toy. A method of the invention includes steps for making the toy.
