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Exclusive: MSI sees opportunities amid challenges

Floor Covering News

Raj Shah, MSI co-CEO M S International, more commonly known as MSI, started making headlines about 15 years ago as an affordable source of ceramic tile and stone. Over the past decade, the 48-year-old company got into the SPC game in a huge way, becoming the second-largest supplier of that product in the U.S.

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Flooring STATS 2023: Dollars see gains, volume down

Floor Covering News

The war in Ukraine that created a global energy crisis. The Russian invasion of Ukraine led many countries to end dependence on Russian gas completely. Speaking of which, no product was victimized by inflation more than ceramic tile, which was up 14% in dollars but down 1% in volume. Generationally high inflation.

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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

In flooring, it can be as explosive as developing completely new product formulations that offer consumers features/benefits not previously available—we’re looking at you, WPC. Such is the case with recent events like the Israeli/Hamas War as well as the lingering conflict between Russia and Ukraine.