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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. Obviously, WPC is one.

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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. in 2020.