Captive Fastener, Oakland NJ
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.
New Jersey and the United States as a whole has seen the loss of manufacturing jobs to overseas facilities, but Captive Fastener maintains operations in Oakland where members of the Alderisio family continue to live. The Captive Fastener complex consists of two buildings in Oakland which contain a total of 200,000 square feet of manufacturing space. At these sites, Captive produces a wide range of self-clinching fasteners. Captive’s engineering department also develops new applications and special designs tailored to meet specific needs.
Self-clinching fasteners are used in a variety of industrial and electronics equipment produced by such companies as IBM, Dell, Gateway and Xerox. The fasteners are used in the manufacture of computers, business machines, communication equipment, industrial controls, vending machines, automotive and other precision fabricated metal products.
Captive Fastener employees, and members of the Alderisio family, continue on in Oakland. Joe Alderisio, the founder, had previously moved to Tuxedo, NY before his passing.