Chester Pool Systems Market Research Report

Background

Company Overview

Chester Pool Systems, Inc., established in 1955 as Chester Products, has evolved into a leading provider of stainless-steel swimming pools and spas. The company specializes in the design, construction, and installation of Lofted™ and Rooftop pools and spas, catering to both commercial and high-end residential markets. Operating from a state-of-the-art 100,000 sq. ft. manufacturing facility in Southern Indiana, Chester Pool Systems emphasizes quality craftsmanship and innovation in its offerings.

Mission and Vision

Chester Pool Systems is dedicated to delivering excellence by optimizing processes and reducing inefficiencies in field construction. The company's mission is to provide high-quality, innovative aquatic solutions that enhance the aesthetic and functional value of properties. As a 100% employee-owned company, Chester Pool Systems fosters a culture of shared success and continuous improvement.

Key Strategic Focus

Core Objectives

Innovation in Design and Construction: Focus on creating custom-designed stainless-steel pools and spas tailored for lofted and rooftop spaces.

Operational Efficiency: Streamline processes to minimize inefficiencies in field construction, ensuring timely project completion and high-quality outcomes.

Employee Empowerment: Leverage the benefits of employee ownership to drive a culture of accountability, innovation, and shared success.

Areas of Specialization

Stainless-Steel Pools and Spas: Expertise in designing and constructing durable and aesthetically pleasing stainless-steel pools and spas.

Lofted and Rooftop Installations: Specialization in integrating pools and spas into elevated and rooftop spaces, catering to urban developments and luxury properties.

Key Technologies Utilized

Off-Site Fabrication: Employing off-site fabrication techniques to construct pools and spas, ensuring quality control and reducing on-site construction time.

Integrated Filtration and Control Systems: Incorporating pre-tested and palletized filtration packages and control systems for seamless integration and efficient operation.

Primary Markets Targeted

Commercial Developments: Providing aquatic solutions for hotels, resorts, and commercial properties seeking unique and high-quality pool installations.

High-End Residential Projects: Catering to luxury residential developments requiring custom-designed pools and spas.

Financials and Funding

Funding History

As a privately held, 100% employee-owned company, Chester Pool Systems has not publicly disclosed specific funding rounds or external investors. The transition to employee ownership reflects a strategic move to empower the workforce and align employee interests with company success.

Financial Performance

While exact revenue figures are not publicly disclosed, Chester Pool Systems operates a 100,000 sq. ft. manufacturing facility, indicating a substantial scale of operations. The company's focus on high-quality, custom-designed pools and spas positions it in the premium segment of the market, suggesting a strong financial performance.

Pipeline Development

Key Projects and Installations

Intro Cleveland: In 2022, Chester Pool Systems served as the design-build pool contractor for The Intro Apartments in Cleveland, providing a 14' x 58' C-60 Horizon pool and a 14' x 10' Skimmer Spa.

Journal Squared: Completed in 2020, Chester Pool Systems installed a 16'-9" x 59'-0" C-60 skimmer pool at Journal Squared in Jersey City, featuring a walk-in stair and a full-length bench.

Pipeline Milestones

Chester Pool Systems continues to expand its portfolio with projects in urban developments and luxury residential areas, demonstrating its capability to deliver complex and high-quality aquatic installations.

Technological Platform and Innovation

Proprietary Technologies

Aquabond Membrane Liner: Utilized in pool installations to ensure durability and water-tightness.

Daltile Finish: Applied in spa installations to provide a high-quality, aesthetic surface.

Significant Scientific Methods

Off-Site Fabrication: Employing off-site fabrication techniques to construct pools and spas, ensuring quality control and reducing on-site construction time.

Integrated Filtration and Control Systems: Incorporating pre-tested and palletized filtration packages and control systems for seamless integration and efficient operation.

Leadership Team

Key Executives

Greg Carnforth: Vice President of Chester Pool Systems, overseeing operations and strategic direction.

Leadership Changes

The transition to a 100% employee-owned structure reflects a significant change in the company's leadership and ownership model, aiming to empower employees and foster a culture of shared success.

Competitor Profile

Market Insights and Dynamics

The market for custom-designed pools and spas, particularly those integrated into lofted and rooftop spaces, is growing, driven by urbanization and the demand for luxury amenities in residential and commercial developments. Chester Pool Systems' focus on high-quality, stainless-steel constructions positions it well in the premium segment of this market.

Competitor Analysis

RenoSys Corp: Specializes in public pool renovation and construction, offering stainless steel and PVC products.

Pool Corporation (POOL): The largest distributor of swimming pool supplies worldwide, offering a broad range of products and services.

Strategic Collaborations and Partnerships

Chester Pool Systems collaborates with architects, general contractors, and construction firms to integrate its pool and spa solutions into larger development projects, enhancing the value and appeal of these properties.

Operational Insights

Strategic Considerations

Chester Pool Systems' focus on off-site fabrication and integrated systems provides a competitive advantage by reducing on-site construction time and ensuring high-quality outcomes. The company's employee-owned structure fosters a culture of accountability and innovation, contributing to its success in the market.

Strategic Opportunities and Future Directions

Expansion Opportunities

Geographic Expansion: Exploring opportunities in new urban markets and luxury residential developments across the United States.

Product Diversification: Expanding the range of water features and related products to offer comprehensive aquatic solutions.

Future Business Directions

Chester Pool Systems aims to leverage its expertise in stainless-steel pool and spa construction to become a leading provider of innovative aquatic solutions, focusing on quality, efficiency, and customer satisfaction.