Overview

Clover Imaging collects used printer cartridges, refurbishes them, and sells remanufactured cartridges to reduce waste and lower costs. It gathers spent cartridges, disassembles and cleans them, replaces worn parts, tests performance, and remanufactures them to meet printer standards before selling. The company stands out as the world’s largest collector and remanufacturer of cartridges, with awards for environmentally friendly supplies and a strong sustainability focus. Its goal is to help organizations cut printing costs by about 40% while halving environmental impact through reuse and remanufacturing.

Simplify's Take

What believers are saying

• Josh Wilson appointed CEO with Doug Wagoner as Chairman ensures leadership continuity.
• New offices in Huntsville, Scott AFB, and Dayton speed federal defense outcomes.
• JJR acquisition deepens access to VA and Defense Health Agency contracts.

What critics are saying

• Federal budget cuts slash DoD contracts in 12-24 months.
• Lockheed Martin and Raytheon outcompete LMI's AI offerings in 12-18 months.
• Post-2022 FFRDC loss disqualifies LMI from classified contracts in 6-12 months.

What makes LMI unique

• LMI acquired JJR Solutions on March 18, 2024, enhancing human-centered design capabilities.
• JJR integration expands LMI's tech studio Forge with Magnify tool for federal missions.
• Shared customers like Air Force and Space Force amplify LMI's defense health expertise.

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