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
JULY 5, 2023
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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Floor Covering News
FEBRUARY 20, 2024
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. The Stone + Wood collection—my dad, [Michael Raskin, CEO], has been working on for two years, picking out the right colors and really fine-tuning it.
Floor Covering News
DECEMBER 11, 2023
Dick Quinlan senior VP sales and marketing, Wellmade What is your projection for the category in 2024? Novalis is now supplying out of China, Mexico, Korea, Vietnam and the U.S. and Vietnam. While it may not be at the same breakneck speeds, the category is poised for growth due to continued innovation within the category.
Floor Covering News
MAY 3, 2021
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. Obviously, magnesium oxide, which is currently in the market under the COREtec Stone brand. So, the U.S.
Floor Covering News
AUGUST 30, 2023
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. Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. That’s our expertise.
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.
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