Cryofab, a manufacturer of cryogenic equipment, was nominated for New Jersey Family Business of the Year for 2015. The Rothman Institute recognized Cryofab’s multigenerational impact on the community, its perseverance, its commitment to family and to business success. Three generations of the Grillo family have built Cryofab into a thriving manufacturer with more than 10 million dollars of annual revenue. Cryofab was named a major player in the global cryogenics equipment market by marketsandmarkets.com.
Founding and Growing a New Jersey Family Business In 1971, following the bankruptcy of his long-time employer, George Grillo founded Cryofab with Augustine DiGennaro and Peter Lepore. George’s son Vincent joined the company in 1972 and his brother Greg became the company’s first engineer a few years later. George’s grandson, Vincent Jr., recently joined the firm as a sales engineer to continue the legacy. Cryofab continues to grow its business in New Jersey: A cryogenic hose product line was added in 2014 and in 2015 Cryofab acquired California-based Cryocomp, a cryogenic accessories manufacturer. Cryocomp’s manufacturing operations were relocated to Kenilworth.