Captive Fastener Founder Passes
I found the following obituary on the internet:
"The founder of the Captive Fastener Corporation in Oakland passed away this June at the age of 71. The industrialist succumbed to a battle with cancer after compiling a lifetime of achievements that exemplify the American dream for many.
Born in 1939 in Pittsburgh, PA, Joseph Alderisio moved to Oakland in his early twenties and, by the age of 36, had founded Captive Fastener in 1974. Originally based in Midland Park, Captive Fastener’s growth led to new facilities being established in Oakland, NJ."
I worked with Joe's company for many years and found him to be a tough but fair businessman. He was definitely driven. I understand that Joe had backed off his company responsibilities over the last several years and the company has been run by the existing management team which includes Joe's son, Joe Jr. This same team continues to run Captive operations.
The industry has lost an ambitious achiever and a strong personality. And, it seems to me that those type of individuals are often the ones that start and grow successful companies. You always knew exactly where Joe stood on an issue and you had to respect him for that. Condolences to the Alderisio family and good luck to the Captive team as they carry on.

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