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Folsom Corporation pioneer Louis Feldsott dies at 102

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Louis Feldsott, President of the Folsom Corporation, has died at the age of 102.

Louis Feldsott, President of the Folsom Corporation, has died at the age of 102.

Described by the American Sportfishing Association (ASA) as an ‘industry legend’, Feldsott moved to New York with his sister, Lena, when he was 18 and started his journey in the business world with Gimbels, the city’s flagship department store.

However, by 1942, he was running Universal Fishing Tackle. The company merged with H&D Folsom Arms Company in 1967 and the name changed to The Folsom Corporation.

Under his stewardship as President, Folsom became one of the premier distributors of fishing equipment. He presided over its growth until passing away at the end of November. He is survived by his wife and family.

Still privately-owned and family-operated, the Folsom Corporation is now led by Feldsott’s sons — Edward and Robert —who serve as Co-Chief Operating Officers. They began to take over the day-to-day operations in the 1990s, although their father remained a daily presence in the office.

“My father was still driving 45 minutes to come into the office at the age of 98,” Ed Feldsott said. “And he was in the office almost every day up until the week before he passed on. He loved the business and the fishing industry.”

Reflecting on his father’s life and career, Ed Feldsott noted that he learned about fairness and diligence from his Dad. “I think that’s why our business has survived and prospered while others have struggled or disappeared.”

Additional reporting courtesy of Fishing Tackle Retailer.

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