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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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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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Rigid core reigns with a focus on innovation

Floor Covering News

Las Vegas—While it has its challenges—low-end products creeping into retailer showrooms and U.S. 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. So, there’s a lot of pride behind the new products we’re putting out.”

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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? Many supply chain risks remain for products imported from abroad. Challenges include higher inventory costs due to rising interest rates and product stoppages as U.S. Customs enforce the Uyghur Forced Labor Prevention Act.

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Huali Floors playing for home-field advantage

Floor Covering News

Aside from marketing its own brand—Pop Top—in China, the company has been manufacturing private-label vinyl for companies such as Shaw, COREtec, Tarkett and Swiff-Train for years to the tune of $360 million in annual sales. manufactured Huali products rolling off the line in the second quarter of 2021. Dossche put it in perspective.

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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. That’s our expertise.

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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.