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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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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Despite headaches within the economy —namely high interest/mortgage rates— resilient flooring suppliers are pointing to continued growth in 2024. Resilient flooring manufactured stateside offers excellent quality control, more stable pricing, shorter lead times and lower capital inventory requirements. Moreover, made-in-the-U.S.A.

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Chinese Tariffs and their Effect on the Tile Industry

Architectural Ceramics

Many people have asked us about how the newly implemented Chinese tariffs will affect the tile and flooring industry. Before 2019, the duty for tile imported from China was: 8.5% Example: Take a tile that’s $3 per sf. in addition to the price of the tile. in addition to the price of the tile.

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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. Floor Covering News research shows the U.S. 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. in 2021 to 12.5%

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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. Will flooring wind up in the black this year? My brother enjoys the countertop side more; I enjoy the flooring side much more. This will be difficult.

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MSI’s Shah outlines his strategy for success

Floor Covering News

According to their son, Raj Shah, president, it’s in the company’s DNA to continuously find ways to engineer methodologies in logistics, product innovation and merchandising and marketing strategies to make flooring and countertops more affordable and accessible to the consumer without sacrificing manufacturer or retailer profitability.

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STATS: SPC segment continues to lead the charge

Floor Covering News

By Megan Salzano While 2020 was anything but ordinary, there was one thing the flooring industry could count on: the continued popularity of the resilient category. It will come as no surprise that resilient—led mostly by the rigid core/SPC sub-segments —once again registered gains while many other flooring categories in 2020 did not.