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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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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. Retailers and product-based companies in many consumer categories are affected by the new tariffs and countervailing charges implemented on goods from China. Before 2019, the duty for tile imported from China was: 8.5%

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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

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. products support jobs for American workers and help to fuel the U.S. Also continuing to bring more advanced realism in the category with better-looking products.

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Stats 2023: Laminate resurgence drives sales higher

Floor Covering News

The disparity in growth rates, industry observers say, can be attributed to slightly higher costs related to production/shipping, as well as more of an emphasis on better quality goods—those in the 10mm to 12mm range versus activity at the opening price point associated with 7mm products. of the overall market—up slightly from 5.2%

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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.

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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

When compared to ceramic tile, hardwood, laminate and other hard surface materials, resilient accounted for 50.6% The nature of click flooring in resilient really lends itself to the end user being able to make a quick transition,” said Ed Sanchez, vice president of product management, resilient, Mohawk. of sales vs. 2019’s 45.1%.