Lea Thompson is a popular actress, director, and television producer from America. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. 1976 David Thompson founded Thompson Equipment Company. 2751 SW Jefferson Way Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Thank you for subscribing to the Business Matters Newsletter. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. Today, David is joined by his three sons . The second generation sons David O., Chris and William lobbied for a chance to model the savvy and drive they had seen throughout their upbringing. After a few years of studying stand-up comedy . Oregon business He pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. 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. 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. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. David discovered his talents for acting in middle school when he was recommended to audition for a play. For more information about the Mack LR Electric, please visit Mack booth No. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. corporate partners This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealershipandgot a job as a truck driver. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. "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. A negative net worth suggests there are parts of your financial life you. 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. 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. David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. His home is worth $120,000. He currently resides in Shelby, North Carolina, USA. family business When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. Find company research, competitor information, contact details & financial data for TEC Equipment, Inc. of Portland, OR. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. 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. William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. 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. Upon completion of his bachelor's degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Army's Provost Marshall's Office in Vietnam, and served one and a half tours as a criminal investigator. If the liabilities are greater than assets, it implies a negative net worth. 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. has been selected for membership in this prestigious organization. He is from American. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. 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. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. The Thompson sons serve in distinct, complementary roles across many business facets. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. 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 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. 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. Keeping low prices, low. Enter the email address you signed up with and we'll email you a reset link. Sign up for our newsletter for updates on new parts specials, job offers, and more. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. . This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. Our hours have changed We are now closed on Mondays. 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. About the author David I. Bainbridge is Emeritus Professor of Business Law at Aston Business School, Aston University and an honorary member of Hardwicke Building, Lincoln's Inn. Education . ALL RIGHTS RESERVED. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . Phone: 541-737-2551 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. News, articles, and interesting stuff from the College of Business. 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. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers 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. 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. 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. As of 2022, David Thompson's net worth is $1 million. For more information, please visit, David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award. TEC Equipment Expands to Three Midwestern States, Meet Julie Sandoval, Parts Manager Extraordinaire. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Home. We are thrilled to welcome David as a Member.". Our focused strategy has yielded over 40 years of market share growth and financial stability. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. We are thrilledto welcomeDavidas a Member.. steve thompson bethel . Net Worth in 2022. We are thrilled to welcome David as a Member.". Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. 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. Equipment; Master Scuba Diver; Scuba Trips. 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. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. For more information, please visit www.horatioalger.org. From a single operator, TEC Equipment, Inc., has grown to one of Oregons largest private employers and the Wests premier leading truck and trailer dealership group. 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. Ikkat Pure Silk Pochampally Lehanga Designs Online "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? 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. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . He worked through his entire bag which was fun. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. 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. 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. That perceived safety was incongruent with our family values and ideals, Thompson said. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. About Us; Staff; Camps; Scuba. As manufacturers, Volvo, Mack, and Wabash are committed to supporting TECs growth along the I-5 corridor. 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. For more information about TEC Equipment, please visit www.tecequipment.com. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. 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. And the portfolio of investments is $50,000. David O graduated with a Bachelors degree in Business Administration from Oregon State University. KEY POINTS. 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. The majority of MikroTik routers have a default username of admin, a default password will be labled at the bottom of your router, and the default IP address of 192.168. 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. David Thompson - Founder / Ceo - Tec Equipment - email id & phone of top management contacts like Founder, CEO, CFO, CMO, CTO, Marketing or HR or Finance head. Upon completion of his bachelor's degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Army's Provost Marshall's Office in Vietnam, and served one and a half tours as a criminal investigator. Review this Movie. 1976 David Thompson founded Thompson Equipment Company. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. Net worth is the amount by which assets exceed liabilities. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. David Thompson's income source is mostly from being a successful Player. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. Last Updated: February 2023. CONTACT . TEC Equipment Jun 2010 - May 2013 3 years. 2023 Forbes Media LLC. A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. 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. a 7,800-square-foot building to service and sell his used trucks. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. David Thompson played his college basketball at NC State and his #44 was retired. 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. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. For more information about TEC Equipment, visit theirwebsite. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). He then started Thompson Equipment Company, buying and selling used trucks. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. mba He and his wife Ann established a major annual scholarship program at Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. 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. 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. In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. 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. He is currently [when?] 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. Portland, Oregon Area. 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. 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. 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. , In addition to his professional success, h, e is a pillar in his community, providing, providing those in need with valuable opportunities and support, established a major annual scholarship program. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. In the past decade, Thompson was joined by his three sons, who have become owners. XDSL Tester Todays Wordle #621 Hint, Clues And Answer For Thursday, March 2nd, AEW Dynamite Results: Winners And Grades On March 1, 2023, What Brands Need To Know: Social Marketing In 2023, Teslas Investor Day Is Long On Time, Short On Useful New Details, Biden Not Confident Supreme Court Will Uphold Student Debt Cancellation, Celta Vigo Star Gabri Veiga Is Alerting Wealthy Teams In The Premier League, RFK Killer Sirhan Sirhan Denied Parole For 16th TimeReversing 2021 Decision, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Industry: Vehicle Dealers. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. He then started Thompson Equipment Company, buying and selling used trucks. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. 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 . He is a part owner of the NHL's Winnipeg Jets, and his family's holding company has a minority stake in the Montreal Canadiens. David Thomson is the Chairman of the Thomson Reuters . After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. 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. 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. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . Hints and clues to help you with today's Wordle. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. Recruitment Collateral.TEC Equipment, Inc. matches 60% of your first $4,000 As of today, we have now hired 146 new employeesin contributions each year - if you took full advantage of through the TEC JOB CENTER since our April 11thTEC's 401k Plan match that would be an additional $2,400 launch!per year. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. 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. For more information, please visit www.horatioalger.org. "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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. When typing in this field, a list of search results will appear and be automatically updated as you type. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. Headquartered in Portland, Oregon, TEC. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. It is the route many of our original customers traveled and on which they continue to operate today. Two years later. The story illustrates why TEC Equipment was chosen as the winner for Generational Development in the 2021 Excellence in Family Business Awards. 2002 Continued to grow at a robust pace with the addition of the Volvo and GMC Los Angeles franchises and a used truck center in San Bernardino, CA. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. We welcome all corrections and feedback using the button below. Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. 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. David A. Thompson founded TEC Equipment in 1976. 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. 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. 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