Floor Covering News
FEBRUARY 8, 2024
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.
Floor Covering News
AUGUST 30, 2023
Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. We have come a long way from being just a natural stone company. So if China has a problem, Vietnam. If Vietnam has a problem, then it’s India. That’s our expertise.
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Floor Covering News
FEBRUARY 7, 2022
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.
Floor Covering News
MAY 19, 2021
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%. Existing home sales grew to 5.64
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