Mr. Thompson was just 15 years old when he lost his father. Corvallis, Oregon 97331 Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. Copper Cable Tester. Fax: 541-737-4890, Phone: 541-737-2551 She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. David A. Thompson founded TEC Equipment in 1976. 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. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Sep 1976 - Present46 years 6 months. 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. 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. 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. David Thompson, 62, grew up in Shelby and played high school ball at Crest. View David O. Thompson's profile on LinkedIn, the world's largest professional community. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. CONTACT . Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. "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. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . 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. At TEC, leadership positions are earned, not given. Get the latest business insights from Dun & Bradstreet. For more information, please visit, David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award. He won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. 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. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. 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. 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. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). 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. 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. 99 Canal Center Plaza, Suite 320 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. 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. Because it is not just a scholarship it comes with anetwork of Members that areexcited to mentor and guidethem. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. Fiber and Copper Multi Tester. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. "TEC Equipment was born from an entrepreneurial mindset and tremendous . Thank you for subscribing to the Business Matters Newsletter. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. 2012 Acquired Volvo in Seattle, followed by Mack 6 months later. has been selected for membership in this prestigious organization. Company size: 501-1000 employees. 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. He also worships the God and participates in all festivals. 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 and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rd Horatio Alger Award Induction Ceremonies in Washington, D.C. 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. 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. David O'Neil Thompson (born July 13, 1954) is an American former professional 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. David A. Thompson founded TEC Equipment in 1976. Email us, Copyright 2021 Oregon State University Disclaimer. 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 also starred as Kathryn Kennish in the drama television series Switched at Birth from . He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. In the past decade, Thompson was joined by his three sons, who have become owners. News, articles, and interesting stuff from the College of Business. Long Dress made out of Managalagiri saree. "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. Find low prices. 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 is now joined by his three sons, David O, Chris and William. They own Cheveley Park Stud, which is one of the biggest and most successful thoroughbred stud farms in Europe. 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. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. We have estimated David Thompson's net worth , money, salary, income, and assets. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and California (except Sacramento), making TEC the largest multi-point Volvo, Mack, and GMC Truck dealership group in the United States, and 5th largest of all U.S. truck dealers. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. 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. 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 . student success, Oregon State University The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. david thompson tec equipment net worth; PDF Identifying the Signer How to Write a Legal Caption | Legal Beagle Each co-owner has a separate legal title to his undivided interest. 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. 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. 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. 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. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. 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. 2751 SW Jefferson Way TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. Also, the stud is home to four top-class stallions. It is the route many of our original customers traveled and on which they continue to operate today. David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. The story illustrates why TEC Equipment was chosen as the winner for Generational Development in the 2021 Excellence in Family Business Awards. This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. 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 Submit a correction suggestion and help us fix it. Ikkat Pure Silk Pochampally Lehanga Designs Online Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. Our hours have changed We are now closed on Mondays. In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. XDSL Tester Hints and clues to help you with today's Wordle. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . Over 1,000 Low Everyday Prices, now locked until Easter. 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 a concept applicable to individuals and businesses as a key measure of how much an entity is worth. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. David and Anns sons, David Oliver, Christopher, and William each play an active role in the success of the company. Founded: 1976. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. If the liabilities are greater than assets, it implies a negative net worth. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. She receives most of her income from her diverse, well-paying career. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. 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. Reflects change since 5 pm ET of prior trading day. 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 . Two years later,he builta 7,800-square-foot building to service and sell his used trucks. 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. David Thomson's net worth as of February 2023 is a massive $32 billion. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . He was the NBA All-Star Game MVP and a four time All-Star and was two time All-NBA First Team. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. Fiber and Copper Multi Tester. As of 2022, David Thompson's net worth is $1 million. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. Alexandria, VA 22314. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. from 8 AM - 9 PM ET. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. Keeping low prices, low. 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. 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. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 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. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) TEC Equipment Profile and History . Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. 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. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. 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