For more information, please visit www.horatioalger.org. However, there is an industry that might be most affected . Mr. Thompson wasjust15 years old when he lost his father. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, TEC Equipment headquarters are located in 750 NE Columbia Blvd, Portland, Oregon, 97211, United States, TEC Equipments main industries are: Automobile Dealers, Retail, Consumer Services, Car & Truck Rental, Retail, Automobile Parts Stores, TEC Equipment appears in search results as Tec Equipment, Tec Equipment Inc, TEC Inc, International Organization for Standardization, Web Hypertext Application Technology Working Group, Get Free Access to TEC Equipment Contacts Info. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . TEC Equipment has focused its growth strategy along the Interstate 5 corridor. A consistent increase . David discovered his talents for acting in middle school when he was recommended to audition for a play. News, articles, and interesting stuff from the College of Business. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. David Thompson, (born April 30, 1770, London, Eng.died Feb. 10, 1857, Longeuil, Lower Canada [now Quebec]), English explorer, geographer, and fur trader in the western parts of what are now Canada and the United States. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. For more than 70 years, the Horatio Alger Award has been annually bestowed upon esteemed individuals who have succeeded despite facing adversities, and who have remained committed to higher education and charitable efforts in their communities. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. Through the generosity of its Members and friends, in 2020, the Association awarded more than $21 million in undergraduate and graduate need-based scholarships to 2,500 students across the United States and Canada and provided college support and mentoring services to its Scholars. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. as of 2/28/23 . We have estimated David Thompson's net worth , money, salary, income, and assets. David Thompson is an iconic basketball player who has had a long and successful career. Horatio Alger Association names 14 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2020. Since the scholarship program was established in 1984, the Horatio Alger Association has provided more than $1235 million to 35,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. CAUTION - Before you proceed, please note: By clicking accept you agree that our review of the information contained in your e-mail and any attachments will not create an attorney-client relationship, and will not prevent any lawyer in our firm from representing a party in any matter where that information is relevant, even if you submitted the information in good faith to retain us. This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealership and got a job as a truck driver. XDSL Tester Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. David Thompson was born in Shelby, North Carolina in July 1954. However, his family is the richest family in Canada with $35 billion combined fortune. family business He worked through his entire bag which was fun. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. Portland, Oregon May 2, 2022 TEC Equipment, Inc., headquartered in Portland, Oregon, has purchased the Volvo franchise rights from North American Truck & Trailer in Omaha and Lexington, Nebraska; Sioux City, Iowa; and Sioux Falls, South Dakota. TECs expansion from a single used truck center to 22 franchised dealerships and three used truck centers and 1,000 employees has not followed a traditional path. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. He has been a member of the Oregon State University Foundation Board of Trustees since 2013, and is an Emeritus Trustee of the Meridian Park Medical Foundation's Board and a 2018 recipient of its Pillar of Excellence Award. Thomson is the co-chairman of Woodbridge, the . Net worth can be computed using the following formula: Net Worth = Assets - Liabilities If a person or company owns assets that are greater than liabilities, it is said to show a positive net worth. 2019 Opened Mack and Wabash dealership in San Diego, CA. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. future students David Thompsonfaced adversityfrom a youngage, butpersevered tobuildhis companytobecomeoneof the largest heavy-duty truck and trailer dealerships in thecountry, said Terrence J. Giroux, executive director, Horatio Alger Association. Mr. Thompson changed his business's name to TEC Equipment, Inc. in 1983, and through his leadership over the next several decades, it has become one of the top three dealers of new and used trucks and trailers in the country. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. Megawide is building a $300 million data center in Cavite, south of the Philippine capital of Manila, as the construction company pivots to the digital space. "It was clear from their nomination that David Thompson and his team at TEC have made a commitment to their employees and the communities they serve," said Jason Cannon, Successful Dealer online editor. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. They hope to continue providing industry-leading transportation solutions for customers and fostering a beneficial workplace for employees while continuing to grow the TEC network. Horatio Alger Association names 16 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2022 For more information, please visit www.horatioalger.org. by Sabine Bickford. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). That perceived safety was incongruent with our family values and ideals, Thompson said. David is now joined by his three sons, David O, Chris and William. The acquisition also includes the rights for TEC to take over as Omahas Hino dealer in the, Julie Sandoval has spent her entire career working towards one goal, becoming parts manager of our Oakland location. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. from 8 AM - 9 PM ET. Dallax, TX (Aug. 22, 2013) -Mack Trucks dealer TEC Equipment, Inc. won the Successful Dealer Award for exceptional sales and service as well as excellence in community and civic engagement. cbuggy@briancom.com, David A. Thompson, President and CEO ofTEC Equipment, Inc.,to Receive 2022 Horatio Alger Award, Horatio Alger Association names 16 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2022. He has been a member of the Oregon State University Foundation Board of Trustees since 2013, and is an Emeritus Trustee of the Meridian Park Medical Foundation's Board and a 2018 recipient of its Pillar of Excellence Award. of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. Welcome visitor you can state of oregon mileage reimbursement rate 2021 . Enter the email address you signed up with and we'll email you a reset link. For more information about Horatio Alger Association and its Member Class of 2020, please visit www.horatioalger.organdfollow the organization on Facebook, Twitter and Instagram. Thompson was the ABA Rookie of the Year, an ABA All-Star, the ABA All-Star Game MVP, and made the ABA All-Time Team. Net Worth is calculated using the formula given below. 2012 Acquired Volvo in Seattle, followed by Mack 6 months later. Gavin Newsom (D) blocked the move. This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealership and got a job as a truck driver. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. as a truck driver for Midwest Coast Transport, Inc. completion of his bachelors degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Armys Provost Marshalls Office inVietnam, andserved one and a half tours as a criminal investigator. Through an economy collapse in 1981 and impending company foreclosure, Mr. Thompson prevailed and purchased a repossessed fleet of 102 trucks, which he resold for a profit to save Thompson Equipment Company. Actor: Win Win. student programs at Portland State University. Since its founding, TEC has remained a family-owned business. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. He played with the Denver Nuggets of both the American Basketball Association (ABA) and National Basketball Association (NBA), as well as the Seattle SuperSonics of the NBA. SpaceX Rocket Launches Crew Of Four To International Space Station, Newcastle United Target FC Barcelona Raphinha Signing In $320 Million Spending Spree - Reports, Philippine Tycoon Edgar Saavedras Megawide To Build $300 Million Data Center In Digital Pivot. 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. 2019 Opened the largest truck dealership in North America, with a 174,000 sq ft. state of the art facility in Fontana, CA., with capacity to service over 100 trucks and 2 acres of parts warehouse. The Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. He was a 6'4 shooting guard and small forward who played at Crest High School. Thompson changed his business's name to TEC Equipment, Inc. in 1983, and through his leadership over the next several decades, it has become one of the top three dealers of new and used trucks and . 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. . David A. Thompson founded TEC Equipment in 1976. When not buried in data, William takes to the sky, flying following in his fathers footsteps in more ways than one, having obtained his pilots license and enjoying flying planes. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. He pledged $5 million to Legacy Health for the construction of its cardiology and patient center, and has made contributions to Oregon Harbor of Hope and the Oregon Food Bank. In 2008, he became the chairman of the merged entity, Thomson Reuters. He's arguably N.C. State's greatest basketball player, playing from 1972-75. Outside of work, he enjoys skiing, traveling, boating and cycling. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. Our expansion from a single used truck center in Portland, Oregon to 30+ truck and trailer dealerships in over 20 cities across Washington, Oregon, Nevada, California, Arizona, Nebraska, Iowa and South Dakota is a tribute to this. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. Fiber and Copper Multi Tester. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Also, the stud is home to four top-class stallions. a UEFA A and B licensed coach working towards his professional licence. Thanks to the generosity of its Members, the Association awards need-based scholarships to outstanding high school students who are committed to pursuing higher education and giving back to their communities. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. PADI Discover Tec; PADI Tec 40; PADI Tec 45; PADI TEC 50; Pro; Contact Us; Calendar; Store; February 27, 2023 By palmetto state law enforcement officers association. He was also named college national player of the year in 1975 and was a three time ACC Player of the Year and consensus first-team All-American. As of 2022, David Thompson's net worth is $1 million. Estate estimated net worth: US$400-500 million Estimated net worth at time of his death: US$20 million (technically his net worth was US$5 million at the time, before inflation. William joined TEC in 2014 after earning a degree in Business Administration from Oregon State University and a degree in Supply Chain Management from Lund University in Lund, Sweden. "David Thompson faced adversity from a young age, but persevered to build his company to become one of the largest heavy-duty truck and trailer dealerships in the country," said Terrence J. Giroux, executive director, Horatio Alger Association. Covering more than 2,000 miles of I-5, TEC Equipment is the only dealership group to offer this footprint, providing seamless service, reliable pricing, discounted fuel, and extended hours. The safe play was to pass, Thompson recalled. In order to ease his familys financial burden, This sparked his interest in the automotive industry, , and a year later, he became a junior mechanic at a Chevrolet dealership, After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. His work experience at TEC has focused on the fixed operations side, centering on the logistics side of the business before moving into his current role as leasing PMO lead. steve thompson bethel . Sep 1976 - Present46 years 6 months. Thomson has a diverse art portfolio reported to include pieces from Pablo Picasso and the world's top collection of English romantic painter John Constable. For more information about Horatio Alger Association and its Member Class of 2020, please visit www.horatioalger.organdfollow the organization on Facebook, Twitter and Instagram. Since the scholarship program was established in 1984, the Horatio Alger Association has provided more than $180 million to 27,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. awards Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . corporate partners I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". In addition to new and used truck and trailer sales, parts, and service, our dealerships provide truck leasing and rental, financing, insurance, and auto transport equipment sales and service. Fake Nationality: The actors playing West Germans Denis and Rainer are from East Germany, while those playing Alex and Arianne are from West Germany, and the actor playing "Sigmund Jhn" is Swiss. About Us; Staff; Camps; Scuba. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. But coasting on the confidence of what had previously been built is not the TEC way. It was always important to David that his children played an integral role in shaping the future of TEC. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Carly Buggy Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. Real Time Net Worth. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. The Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. TEC Equipment, headquartered in Portland, Oregon, and founded in 1976, is a retailer and maintenance service company for new and preowned Mack and Volvo brand heavy-duty trucks, medium-duty trucks, trailers, and auto transport vehicles. Phone: 541-737-2551
Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. The annual three-day event honors the achievements of both Members and National Scholars, affording both groups the opportunity to meet and interact as well as exchange stories of hardships and triumphs. Theres no partners in the business except myself and my three sons, the elder Thompson said. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. The Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. About Horatio Alger Association of Distinguished Americans: Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. Under Review. David Thompson, 62, grew up in Shelby and played high school ball at Crest. WASHINGTON, D.C. Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announced thatDavid A. Thompson,president and CEO ofTEC Equipment, Inc.,has been selected for membership in this prestigious organization. All net worths are calculated using data drawn from public sources. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. For more than 70 years, the Horatio Alger Award has been annually bestowed upon esteemed individuals who have succeeded despite facing adversities, and who have remained committed to higher education and charitable efforts in their communities. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. Previously, David was the Remote Vfx Composito r at Ratchet Digital and also held positions at Henningsen Cold Storage Co., Take 5 Productions, Technicolor, Dufferin Gate Productions, Invisible . The TEC Oakland site was purchased by TEC in 2005. The second generation started working at TEC as teenagers doing menial labor. About Horatio Alger Association of Distinguished Americans: Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. For more information about the Mack LR Electric, please visit Mack booth No. Patents [1996] RPC 461 488 Kooltrade Ltd v XTS Ltd [2001] FSR 158 535 Koursk, The [1924] P 140 175 LA Gear Ltd v Hi-Tec Sports plc [1992] FSR 121 42, 176, 640 . Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. David Thompson was born in Shelby . A people-person to his core, Chris was drawn to sales roles from the start, exploring used truck purchasing, new truck sales and now serving as regional sales manager. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . ALL RIGHTS RESERVED. Industry: Vehicle Dealers. His home is worth $120,000. . The median net worth for the 35-44 group, $91,300, is still more than 16% below the pre-Recession median net worth of $109,430 in 2007. The Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. 1999 Acquired the Mack Los Angeles, CA franchise. Net Worth in 2023: $16 million. Sign up for our newsletter for updates on new parts specials, job offers, and more. Since 1984, the Association has awarded more than $235 million in undergraduate, graduate, military veteran and career and technical education scholarships to more than 35,000 deserving students. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". Mr. Thompson was just 15 years old when he lost his father. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. TEC Equipment Jun 2010 - May 2013 3 years. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. It is the route many of our original customers traveled and on which they continue to operate today. David A. Thompson founded TEC Equipment in 1976. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. Keeping low prices, low. . During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. Over the years we have formed a strong Best Business Partner relationship which has benefited each other and enabled TEC Equipment to provide first class customer service throughout the corridor. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. KEY POINTS. Through an economy collapse in 1981 and impending company foreclosure, Mr. Thompson prevailed and purchased a repossessed fleet of 102 trucks, which he resold for a profit to save Thompson Equipment Company. Mr. Thompson was just 15 years old when he lost his father. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Flashback to 1985, Julie Sandoval was hired through the Kelly Girl staffing agency as a cashier for a GM factory-owned store in Oakland. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. Through the generosity of its Members and friends, in 2020, the Association awarded more than $21 million in undergraduate and graduate need-based scholarships to 2,500 students across the United States and Canada and provided college support and mentoring services to its Scholars. mba "I have admired the Association's work for years and I'm continuously impressed by the incredible impact a scholarship from this organization can have on the lives of inspiring young people," said Mr. Thompson. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. David W. Thompson. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? 306 people follow this. Net Worth in 2022. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) Total Liabilities = $258.6 Bn. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. For more information about TEC Equipment, please visit www.tecequipment.com. Two years later. Long and successful career of work, he enjoys skiing, traveling, boating and.... Chris and William a degree in business Administration from Oregon State University, North in! ( USD ) Competitors: Unknown, vice President - trailers and duty. 1982 before playing for the Seattle SuperSonics from 1982 to 1984 provides interrelated skills, further rapport-building! The safe play was to pass, Thompson recalled crew of four comprises two NASA,! 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