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The Natural Stone Institute announces 2023 award recipients

Floor Covering News

Oberlin, Ohio—The Natural Stone Institute (NSI) has named the winners of its three award programs for 2023. In 1981, while still operating MSI out of their basement, the Shahs secured the contract to supply black granite for the Vietnam Veterans Memorial in Washington, D.C. manufacturers, primarily in the monuments industry.

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Stats 2023: Laminate resurgence drives sales higher

Floor Covering News

laminate flooring category generated in late 2020 and throughout 2021 continued to positively impact segment sales in 2022. laminate flooring market generated approximately $1.382 billion in sales last year at the first point of sale—an uptick of 6% over the year prior. of sales—in keeping with the percentage from 2021.

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Rigid core reigns with a focus on innovation

Floor Covering News

Suppliers across the show floor showed off their version of PVC-free, recyclable or eco-friendly rigid core options designed to intrigue today’s “Earth-conscious” consumers. The company made its foray into the eco-friendly field with its Stone + Wood line, a PVC-free hybrid touting waterproof capabilities and enhances scratch resistance.

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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Dick Quinlan senior VP sales and marketing, Wellmade What is your projection for the category in 2024? We’ll continue introducing the on-trend, wood- and stone-inspired luxury vinyl designs that are synonymous with our brand, making them available in multiple installation formats to ensure retailers have the right option for their customers.

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MSI’s Shah outlines his strategy for success

Floor Covering News

Today, the company more commonly known as MSI is eclipsing the $2 billion mark in annual sales and leveraging that volume into providing more value to the end consumer. We’re in all hard surfaces, we’re in countertops, whether it’s natural stone or quartz, and have leading market share in both of those.

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STATS: SPC segment continues to lead the charge

Floor Covering News

FCNews research shows the category generated $6.589 billion in sales (not including rubber) in 2020—an industry-leading 21.3% In terms of volume, the category accounted for 5.455 billion square feet (not including rubber) at the first point of sale, a 19.5% of sales vs. 2019’s 45.1%. increase over 2019’s $5.433 billion.

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

Floor Covering News

PureGrain direct digital print DLVT flooring uses digital embossing technology to create high-definition designs directly on a high-density rigid core. What’s more, the initiative is designed to change how retailers and manufacturers work together to sell that flooring. These products offer the realistic look and feel of actual wood.