MasterSpas
Wellness and Fitness ServicesIndiana, United States201-500 Employees
MasterSpas is a Fort Wayne, Indiana-based company in the Wellness and Fitness Services industry that designs and manufactures luxury hot tubs, swim spas, and cold tubs, and is described as the largest luxury hot tub, swim spa and cold tub manufacturer in the world. It builds 100% of its spas in the USA using both domestic and imported components. Founded in 1996, MasterSpas employs 201-500 people and has an executive team with more than 150 years of collective spa manufacturing experience. The company emphasizes core values including honesty, hard work, having fun, faith, and helping others, and maintains long-term partnerships with organizations such as the Lupus Foundation of America, Vera Bradley Foundation for Breast Cancer, Team Fox for Parkinson's Research, the Tunnel to Towers Foundation, the Michael Phelps Foundation, and the Vera Bradley Foundation. Product and program updates include the launch of a smart saltwater system in 2025 and ongoing initiatives such as a national dealer network; leadership changes have been announced for 2026, with Kevin Richards named successor as CEO effective after Terry Valmassoi's retirement on June 30, 2026. The company operates a website at masterspas.com.