The Company

AirGreen Inc. was formed in November 2017 from AirGreen LLC. The company has its main offices and assembly facility in New Castle, Delaware. Research and Development sites are nearby in West Chester and Avondale, Pennsylvania.

AirGreen manufactures Commercial air conditioners for outside air that control humidity as well as temperature and provide air cleaning of particulates and microbes. The heart of the process is a patented multi-stage liquid desiccant process that can handle Latent Heat Ratios up to 100%. The products use both cold and hot water to provide Sensible and Latent cooling in summer and heating and humidification in winter. Enthalpy recovery from the exhaust airstream is around 85%. When used with a water-to-water heat pump both the cold and hot sides are used at very high efficiency. CoPs are typically 5 on each side.

All the main components used in AirGreen products are made in the USA or by US owned companies. Distribution will be from New Castle, Delaware following the filed trials in 2018. Field trial sites have been chosen mainly in the NorthEast and will be extended to the SouthEast later in 2018. Typical applications are in offices, schools, healthcare, supermarkets, manufacturing, swimming pools, ice rinks. Full product launch will follow ETL certification in 2018 and will include systems from 8 to 25 tons and airflows of 800 to 2,500 cfm. Higher capacities can be packaged up to 16,000 cfm. Air mixing can be provided to retrofit systems that use a higher cfm/ton.

Distribution will be initially though selected representatives throughout the US.

In 2018, R&D is being carried out on smaller systems to determine whether they can be made economically in relatively small volumes.

The AirGreen Vision

The AirGreen Vision is a world in which no energy is wasted in providing air-conditioned spaces that are comfortable, healthy and well-ventilated. We will revolutionize the air conditioning industry by providing "first in class" liquid desiccant systems that provide unrivaled comfort with savings in first cost, operating costs, and energy costs.  We will supply a range of “made in America”  products with our industry leading patented technology and continuously improve equipment performance.

The AirGreen Mission

The Airgreen Mission is to provide true air conditioning that...

  • Provides better temperatures, the right amount of humidity and high levels of ventilation air to maximize occupant comfort and increase personal productivity
  • Eliminates the cold, damp, semi-dehumidified air as today's equipment delivers
  • Sanitizes air to remove small and large particulates, mold, bacteria, and viruses.

To do all of the above by:

  • Leading the way in the industry by selling excellent engineered systems and licensing other quality manufacturers to use our products in approved market sectors
  • Maintaining our core focus and competency on Technology and Engineering and continuous improvement, Air Green will always supply the best engineered products
  • Providing superlative support to our customers, distributors, manufacturers’ reps. and HVAC contractors
  • Keeping  it simple; using proven, high endurance, simple components that improve cost and reliability
  • Treating our customers, partners, and employees with respect and fairness.

Our Team

Andrew Mongar 
Founder & CTO

Andrew Mongar, has been an energy innovator for over 30 years. At British Gas he was Assistant to the Director of the $400 Million Substitute Natural Gas Program and then Manager of Long Term R&D and Technology Policy. He worked in government in the U.K. Cabinet Office and the European Commission where he introduced Technology Assessment. Following work in Corporate  Venturing at British Gas Andrew joined a technology development start-up and raised $3.5 Million. Andrew has a degree in Mathematics from Bristol University, UK and a  Masters in Operations Research from Imperial College, London, UK. He also studied and taught International Business at Temple University.

Eric Holloway 
CEO and Investor

Eric was born and raised in Wilmington, Delaware.  After attending AI DuPont High School, he went to Hamilton College and majored in Economics and minored in Literature.  Having worked every summer in the family industrial distribution business and having an interest in working in the industry, he went to Texas A&M University and proceeded to obtain a Bachelor’s of Science from the Industrial Technology Department in Industrial Distribution which is a mix of business and engineering curriculum.

After TAMU Eric joined Holloway Bros Tools Inc representing the third generation of the family to work in the business.  Five years later he bought out his father’s interest in the business and proceeded to grow it through acquisition over the next five years before selling beneficially to an industry consolidator, MSC Industrial Supply (NYSE: MSM).  Eric had a two-year contract to help integrate the business into MSC but quickly realized he enjoyed the entrepreneurial style of work.

He partnered in the purchase of Signature Systems, today renamed Signature Furniture Services.  That business spawned a couple of other businesses, Signature Construction Services LLC and Signature Executive Search LLC all of which Eric is the sole owner today and are managed by a Controller.

Eric has always had an interest in small business having been a member of YEO, Young Entrepreneur’s Organization, through his 30’s where he made many friends and contacts he is still close to 20 years later.

Eric is married to Monique Holloway and they have two children Ben and Dana.  Monique is a co-owner of a small investment advisory business. Ben works in San Francisco for a boutique private equity company and Dana is a junior at Hamilton College. Besides working, Eric has been a member of the Wilmington West Rotary Club for 25 years, 6 of which he was the Treasurer as well as President for a term.  He is a member of the Greenville Country Club and has served on the board in the capacity of Director of Facilities as well as President and is President again in November 2017. He serves on the Tatnall School Financial/Endowment Committee.

James A. Clark, CEM
SVP, Engineering

James A. Clark has over 25 years experience in the energy industry.  Jim is an expert with the design, development, and implementation of HVAC equipment. He is frequently consulted by corporate and outside engineers for complex projects.

Jim’s implementation work ranges from conducting energy conservation audits to developed Performance Contracting projects to designing and project managing the installation of Cogeneration plants.

As Director of Engineering at a CSP, he created load curtailment strategies that enabled customers to participate in Electric Grid Demand Response Programs.  Jim has a BS in Mechanical Engineering from Drexel University and is a Certified Energy Manager by the Association of Energy Engineers.  He has received local and national awards for accomplishments in the energy field.  He is a member of ASHRAE and AEE.  He is on the Greater Philadelphia Chapter of AEE Board and is a past Chapter President.

Ron Smorada
Partner / 
Materials Advisor

Ron brings over 30 years of knowledge and experience in nonwoven technology. He has created entirely new nonwoven products that are widely used in industrial and commercial markets world-wide. He was the first to commercialize spunbond fabrics for use energy conservation in residential and commercial buildings as Housewraps, including Tyvek, Typar and other brands. Many of his inventions resulted in large cost saving applications for his clients and all of them took advantage of the incredible potential of nonwoven technology.

After leaving BBA Group, Ron started up VersaCore Industrial Corp, which pioneered the VersaCore process for converting two-dimensional fabrics and films into three-dimensional structures, which created entirely new applications for these starting materials. The technology was subsequently sold is now owned by a Fortune 100 company. Ron has advanced degrees in Organic Chemistry from the University of Notre Dame and Purdue University. He served as a Naval Officer and is a Vietnam veteran.

Joe Turk

After finishing an MS in Energy Management (almost doctorate) at the University of Pennsylvania, Joe started in the energy business with International Cogeneration Corporation, a publicly traded corporation, as Director of Installations. These were natural gas fueled, packaged cogeneration systems which generated 75 kW of electricity and ~500,000 Btuh. Joe designed the systems, hired contractors and oversaw their installation, startup and maintenance. In the late 1980’s, they installed ~50 of these in PA, NJ, NYC and CT, many of which are still running.

The Company shifted its focus to marrying cogeneration with a desiccant wheel (dehumidification system) to install a system, primarily for supermarkets, which would supply 150 kW of electricity and either dry air or heated air depending on the season. With natural gas prices increasing and electricity prices holding steady, the Company got out of the cogeneration business and concentrated solely on desiccant systems. From 1989 through 1992, Joe turn-keyed over fifty cogeneration systems and over a hundred desiccant systems and designed over a hundred more.

By the end of 1992, Joe was still designing the systems in many cases but they were no longer providing turnkey solutions. Since few people had knowledge of desiccant systems, Joe became the technical sales closer and in 1993, Director of Sales and Applications Engineering. During the next year, Joe developed a network of approximately forty manufacturers representatives across the country and worked with Samsung in Korea and Nichimen in Japan to develop the Asian market. These reps were typically Trane, Carrier, York or McQuay offices with ten to forty sales engineers. Joe trained these sales engineers and made numerous sales calls with them before hiring and training regional sales managers. The Company delivered forty units in 1991 (~$2 million), more than five hundred in 1996 (~$10 million), and were on track for $14 million in 1997. But a 40% increase in sales wasn’t even close to the 250% Joe was told had to be delivered in 1997. So they parted ways and Joe went over to PWI. ICC was out of business by the end of 2001.

Joe would typically visit 100 – 150 facilities per year with humidity or ventilation problems, allowing him to learn how hundreds of businesses work. They installed these units in facilities ranging from a motherboard manufacturer in Detroit, to a smart-bomb controller fabricator in Minneapolis, to a facility in Buffalo that makes most of the masks in airplanes which supply oxygen in case of decompression, to a Wrigley’s facility making bubble gum and a Long Island manufacturer of bird feeders. They changed a manufacturing sector that for fifty years had been provided very specialized dehumidification equipment to specific markets (clean rooms, lithium battery manufacturers, etc.) into one that could supply humidity control equipment at commodity prices. 

In 1997, Joe joined PWI Engineering to start an Energy Group. He and the two owners broke PWI Energy off as a separate corporation in January of 1998 with Joe as President while they continued to run the Engineering Group. They quickly built it into a $2.5 million global consulting business as the global outsourced energy managers for companies like Wyeth and SmithKline Beecham. They typically performed on-site energy audits at thirty to forty facilities each year and negotiated $300-500 million in natural gas and electricity contracts worldwide annually. They visited sites in over twenty-five countries and worked remotely with facilities in a dozen more. One of his partners retired in 2000 and they bought the other out in 2004. Joe brought on several former associates as minor partners to run segments of the business.

In 2000, they began working with Pfizer to assist them in setting a public carbon reduction target. There were no databases available to handle global utility bills, so they built one, which apparently became the best in the world. Dell, Lockheed-Martin, Xerox, and other multi-nationals use our database to warehouse their utility bills (electricity, natural gas, fuel oil, water, sewer, solid waste, effluent, hazardous waste, etc.). By 2011, clients had over $10 billion in utility bills in the system from sites in over a hundred and twenty countries in over eighty currencies. They were also tracking over ten thousand energy projects to project future dollar and carbon savings. The majority of their clients were international pharmaceutical companies. They also performed energy surveys for the EPA laboratories around the country, typically three or four per year.

In July of 2008, they were acquired by Johnson Controls. During the next three years, in the midst of the worst financial crisis the world had faced in eighty years, they created over twenty $100,000 jobs. Their personnel and revenue almost tripled during that time frame. Joe had promised to stay on for three years and stayed a little past that, turning the leadership over to one of his former partners.