The TEC Oakland site was purchased by TEC in 2005. Mr. Thompson and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rdHoratio Alger Award Induction Ceremonies in Washington, D.C. Through the generosity of its Members and friends, in 2019, 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. Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. Keeping low prices, low. Fiber and Copper Multi Tester. Mr. Thompson was just 15 years old when he lost his father. TEC Eurolab Srl. 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. 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. Thomson's life is full of color and vibrancy. 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. and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2020 Horatio Alger Award e l a S g n i h t f o f l 0 C % 0 g 5 i B o t 1 p 3 u 5 1 C e D Its 163.9 hp* Rotax E-TEC 800R engine combines with the lightweight REV-XP platform for an David Thompson net worth: $1000 thousand. Company size: 501-1000 employees. May 4, 2022. "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. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. TEC Equipment Profile and History . Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Uponcompletion 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. The second generation started working at TEC as teenagers doing menial labor. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 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. We welcome all corrections and feedback using the button below. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and . Salary in 2022. 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. 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. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. Through the generosity of its Members and friends, in 2019, 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. TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. 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. Our focused strategy has yielded over 40 years of market share growth and financial stability. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. Long Dress made out of Managalagiri saree. 1976 David Thompson founded Thompson Equipment Company. Attorney Advertising. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. Hehas been amember of theOregon State University Foundation Board of Trusteessince2013,andis an Emeritus Trustee of the Meridian Park Medical Foundations Board and a 2018 recipient ofitsPillar of Excellence Award. Find top employees, contact details and business statistics at RocketReach. 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 . He's arguably N.C. State's greatest basketball player, playing from 1972-75. * "In addition to his professional success, he is a pillar in his community, providing those in need with life-changing opportunities through his philanthropic efforts and generous contributions. 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. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) All net worths are calculated using data drawn from public sources. Education . 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. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. student success, Oregon State University
The Association administers more than 70 undergraduate and graduate need-based scholarship programs. Mr. Thompson was just 15 years old when he lost his father. 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. 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. CONTACT: She receives most of her income from her diverse, well-paying career. Learn more. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. "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 was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. 2751 SW Jefferson Way
SEATTLE -- At 32, his professional basketball career apparently over -- partly because of a knee injury -- Thompson resides in King County's North Rehabilitation Facility, serving a 180-day. 2019 Opened Mack and Wabash dealership in San Diego, CA. "In addition to his professional success, he is a pillar in his community, providing those in need with life-changing opportunities through his philanthropic efforts and generous contributions. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . WASHINGTON, Dec. 10, 2019 /PRNewswire/ --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 that David A. Thompson, president and CEO of TEC Equipment, Inc., has been selected for membership in this prestigious organization. Horatio Alger Association of Distinguished Americans, Inc. Frederic B. Luddy, Founder of ServiceNow, to Receive 2023 Horatio Alger Award, Michele Y. Kang, Owner of the Washington Spirit, Founder and CEO of Cognosante, to Receive 2023 Horatio Alger Award. Carly Buggy 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . David Thompson net worth, salary and career earnings: David Thompson is an American former professional basketball player who has a net worth of $1 million. In 2020, he was listed as the wealthiest person in Canada. Swathi Veldandi Design Studio. The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. David A. Thompson founded TEC Equipment in 1976. David Thomson, chairman of media and publishing group Thomson Reuters Corp., is again the wealthiest Canadian and ranks 27th globally with a net worth of US$32.5 billion. Last Updated: February 2023. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. After a year. Headquartered in Portland, Oregon, TEC. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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. In calculating net worth, Bloomberg . 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. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. Industry: Vehicle Dealers. For more information about TEC Equipment, please visit www.tecequipment.com. Reflects change since 5 pm ET of prior trading day. He currently resides in Shelby, North Carolina, USA. Email us, Copyright 2021 Oregon State University Disclaimer. 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. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. He won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. 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. Thank you for subscribing to the Business Matters Newsletter. a 7,800-square-foot building to service and sell his used trucks. The story illustrates why TEC Equipment was chosen as the winner for Generational Development in the 2021 Excellence in Family Business Awards. 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. Outside of work, he enjoys skiing, traveling, boating and cycling. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. Horatio Alger Association of Distinguished Americans, Inc. http://www.prnewswire.com/news-releases/david-a-thompson-president-and-ceo-of-tec-equipment-inc-to-receive-2020-horatio-alger-award-300972345.html, Do Not Sell My Personal Data/Privacy Policy. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. Amid stock market weakness and global economic certainty, Forbes said the total wealth of its billionaires list declined about US$400 billion from 2018 to US$8.7 trillion. CONTACT: Carly Buggy 484-385-2934 (office) [emailprotected]. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars., 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. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. Find company research, competitor information, contact details & financial data for TEC Equipment, Inc. of Portland, OR. That perceived safety was incongruent with our family values and ideals, Thompson said. In 2008, he became the chairman of the merged entity, Thomson Reuters. Our hours have changed We are now closed on Mondays. 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. Good Bye Lenin! Under Review. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. As of 2022, David Thompson's net worth is $1 million. TEC Equipment Expands to Three Midwestern States, Meet Julie Sandoval, Parts Manager Extraordinaire. In this third program of the Family Business Study Group Series, we heard from David Thompson, CEO of TEC Equipment, Inc., and each of his sons about how his focused strategy has yielded over 30 years of profitability, market share growth, and financial stability and the planning that has supported this growth. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . 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. 484-385-2913 (office) 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. 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 . Mr.Thompson and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75thHoratio Alger Award Induction Ceremonies in Washington, D.C. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. 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. as of 2/28/23 . CONTACT:Carly Buggy484-385-2934 (office) cbuggy@briancom.com, View original content:http://www.prnewswire.com/news-releases/david-a-thompson-president-and-ceo-of-tec-equipment-inc-to-receive-2020-horatio-alger-award-300972345.html. Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. Sep 1976 - Present46 years 6 months. For more information, please visit www.horatioalger.org. 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. David struggled with drugs and alcohol later in life but eventually got clean. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. Fax: 541-737-4890, Phone: 541-737-2551 From a single operator, TEC Equipment, Inc., has grown to one of Oregon's largest private employers and the West's premier leading truck and trailer dealership group. David Thompson net worth, salary and career earnings: David Thompson is an American former professional basketball player who has a net worth of $1 million. 2023 Forbes Media LLC. During those early days in Portland, Oregon, TEC Equipment was known as Thompson Equipment Company and its business was buying and selling used trucks and trailers. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. David A. Thompson founded TEC Equipment in 1976. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. The renowned stud extends to just under 1,000 acres. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. We have 30+ locations in Washington, Oregon, Nevada, California, Arizona, Nebraska, Iowa and South Dakota, serving a population base of more than 40 million people. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? David O took an interest in the family business from a young age, working in a variety of roles around the dealerships as a teenager until he joined the company full-time in 2010. David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. Alexandria, VA 22314. For more information about Horatio Alger Association and its Member Class of 2022, please visit, 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. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. Get the latest business insights from Dun & Bradstreet. Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. Net Worth is calculated using the formula given below. 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. Theres no partners in the business except myself and my three sons, the elder Thompson said. 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. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. 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. 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. At TEC, leadership positions are earned, not given. Today, David is joined by his three sons, David O., Chris, and William. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. In the past decade, Thompson was joined by his three sons, who have become owners. What would be his net worth at this juncture? 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. 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. 1. After a few years of studying stand-up comedy . College news Submit a correction suggestion and help us fix it. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. corporate partners . Lea Thompson is a popular actress, director, and television producer from America. . 99 Canal Center Plaza, Suite 320
Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. He has also taken a car loan of $10,000. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. The safe play was to pass, Thompson recalled. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. After saving enough money to buy his own truck, mr. Thompson has made contributions to student... 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