Episode #145 Hot Tub History with Terry Valmassoi
In this episode of The SpaRetailer Podcast, host Megan Kendrick interviews Terry Valmassoi, CEO of MasterSpas, as he nears retirement after 50+ years in the hot tub industry and 30 years at MasterSpas. Valmassoi shares his plans to spend more time with his wife in Charleston while remaining a partner and board member, and he addresses persistent rumors by stating MasterSpas has never been in talks to sell. He recounts growing up in Southern California, entering the spa business at 16, starting early retail and manufacturing ventures, working at L.A. Spas, and collaborating with Waterway before moving his family to Tennessee and then Fort Wayne to help launch MasterSpas with Bob Lauter. They discuss building culture through trust, navigating 9/11, the 2008–09 recession (with swim spas helping growth), COVID shutdowns and supply chain strain, rapid hiring expansion and innovation including the Michael Phelps partnership, water-care advances, cold tubs and saunas. https://sparetailer.com/feed/podcast/ Show Notes with Timestamps: 00:00 Podcast Welcome00:46 Retirement Plans04:13 No Sale Rumors06:48 Early Life Background08:33 First Spa Job09:52 Retail to Manufacturing13:25 Hydrospa Boom Years18:30 Hydrospa Exit Lessons23:26 LA Spas Florida Move24:31 Waterway Startup Era27:31 Bill Holmes Legacy31:27 Meeting Bob Lauter34:03 Moving to Fort Wayne34:55 Launching the Factory36:11 Kevin Richards Origin37:27 Partnership with Bob40:30 Building Culture and Team44:41 Early Operations Systems50:26 Hard Times and Rebounds52:36 Pandemic Growth Surge57:22 Swim Spa Factory Deal59:45 Most Fun Moments01:01:23 Michael Phelps Partnership01:06:16 Innovation and New Lines01:10:33 Retirement and Legacy






