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Area Development - Site Selection, Facility Planning and Workforce Development

Master Spas Manufacturer Plans Major Expansion at Fort Wayne, Indiana, Facilities

07/17/2018
Master Spas, one of the largest swim spa manufacturers in the world, announced plans today to expand its operations in Fort Wayne, Indiana. The company plans to create up to 107 new jobs by 2021 in Allen County.

"Companies like Master Spas continue to elevate Indiana's reputation as a global leader in the manufacturing sector," said Elaine Bedel, President of the Indiana Economic Development Corporation (IEDC). "We're proud that Master Spas, a homegrown Hoosier manufacturer, continues to call Indiana home, expanding its footprint in Allen County and adding more quality jobs in the community."

The Fort Wayne-headquartered company will invest $15.3 million to purchase, equip and renovate the former Fort Wayne Plastics facility at 510 Sumpter Drive. The new facility, which is set to be the largest swim spa manufacturing facility in the world, will increase the company's Fort Wayne footprint by six acres and more than 150,000 square feet, complementing its existing high-tech, 27-acre, 310,000-square-foot campus at 6927 Lincoln Parkway.

Scheduled to be fully operational by January 2019, the new building, which is adjacent to its current campus, will grow the company's manufacturing operations and house its R&D, warehouse and a new design center with offices for its marketing and engineering departments. The investment will also allow Master Spas to ramp up the production of hot tubs at its first facility and increase parking for its growing team.

"We are very excited for the opportunity to continue growing right here in Fort Wayne," said Terry Valmassoi, president of Master Spas. "We pride ourselves on quality and innovation, and we know this new facility will help us remain an industry leader in the community we love."

Master Spas, which currently has more than 450 employees in Fort Wayne, plans to add another 80 associates within the next year. These positions include production line workers, supervisors and trainers, maintenance support, engineers, software developers, quality inspectors and warehouse personnel.

The IEDC offered Master Spas up to $550,000 in conditional tax credits and up to $75,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning that until Hoosiers are hired, the company is not eligible to claim incentives. Northeast Indiana Works will provide the company with additional hiring and training assistance. In addition, Allen County Council will also consider tax phase-ins for Master Spas’ eligible real and personal (equipment) property investments.

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