CONTACT: Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western 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 The TEC Oakland site was purchased by TEC in 2005. 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. a UEFA A and B licensed coach working towards his professional licence. 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. 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. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. We welcome all corrections and feedback using the button below. XDSL Tester and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. For more information, please visitwww.horatioalger.org. 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. Find company research, competitor information, contact details & financial data for TEC Equipment, Inc. of Portland, OR. Our focused strategy has yielded over 40 years of market share growth and financial stability. TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. 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. 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. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. from 8 AM - 9 PM ET. 99 Canal Center Plaza, Suite 320 Sign up for our newsletter for updates on new parts specials, job offers, and more. Copper Cable Tester. She receives most of her income from her diverse, well-paying career. TEC Equipment. XDSL Tester Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. Mr. Thompson was just 15 years old when he lost his father. 2011 Opened a leasing and parts center in Tacoma, WA. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 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. 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. 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. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. 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. 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. David Thomson has a net worth of $5.09 billion. 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. 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. 2019 Opened Mack and Wabash dealership in San Diego, CA. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and . 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. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Keeping low prices, low. 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. He is from American. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . Net Worth in 2023: $16 million. 1998 Acquired the Mack Ontario, CA franchise. David is now joined by his three sons, David O, Chris and William. Two years later,he builta 7,800-square-foot building to service and sell his used trucks. "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. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Center for Family Enterprise "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. Heandhis wife Annestablished a major annual scholarship programat Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. "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. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. 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. 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. 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. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . For more information, please visit www.horatioalger.org. "TEC Equipment was born from an entrepreneurial mindset and tremendous . 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. Sign up for our newsletter for updates on new parts specials, job offers, and more. 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. 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. 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. Full Profile. David struggled with drugs and alcohol later in life but eventually got clean. 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. David Thomson is the Chairman of the Thomson Reuters . Real Time Net Worth. mba 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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 A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. A consistent increase . Today, David is joined by his three sons, David O., Chris, and William. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 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. It was always important to David that his children played an integral role in shaping the future of TEC. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. David O. has 1 job listed on their profile. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. The Thompson sons serve in distinct, complementary roles across many business facets. Long Dress made out of Managalagiri saree. 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. To play a pull fade hes normally trying to hit a rope draw with his 48-inch driver Berkshire adds strips of lead tape to the toe in We provide convenient access to multiple locations, premium products, parts and service. At TEC, leadership positions are earned, not given. 1976 David Thompson founded Thompson Equipment Company. Phone: 541-737-2551 Our hours have changed We are now closed on Mondays. 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. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. Mr. Thompson wasjust15 years old when he lost his father. David Thomson and his family control a media and publishing empire founded by his grandfather Roy Thomson. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Carly Buggy That perceived safety was incongruent with our family values and ideals, Thompson said. TEC Equipment Profile and History . Because it is not just a scholarship it comes with anetwork of Members that areexcited to mentor and guidethem. Benzinga does not provide investment advice. For more information, please visit www.horatioalger.org. 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. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. Fiber and Copper Multi Tester. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. David W. Thompson. David A. Thompson founded TEC Equipment in 1976. Fiber and Copper Multi Tester. For more information about TEC Equipment, please visit www.tecequipment.com. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Hints and clues to help you with today's Wordle. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. 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 . 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. 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. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . Portland, Oregon Area. A few school productions and original local theater pieces later, David began to audition for student films in New York. 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. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. Mr.Thompson joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. TEC Equipment was born from an entrepreneurial mindset and tremendous moxie, CEO and president Thompson said. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Attorney Advertising. For more information about TEC Equipment, visit theirwebsite. This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. 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. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. as of 2/28/23 . All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. 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 a 6'4 shooting guard and small forward who played at Crest High School. 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. We have estimated David Thompson's net worth , money, salary, income, and assets. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Mr. Thompson was just 15 years old when he lost his father. 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. awards 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. View David O. Thompson's profile on LinkedIn, the world's largest professional community. West Palm Beach, Florida | February 3-6, 2023; . Outside of work, he enjoys skiing, traveling, boating and cycling. 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. 2014 Thomson Reuters sales reach $12.6 billion for the year. 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. All Rights Reserved. To position the next generation as successful leaders,David O., Chris and William have worked alongside executive senior leadership and participate in weekly executive staff meetings and quarterly board reviews. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. May 4, 2022. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . 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. The second generation started working at TEC as teenagers doing menial labor. TEC is one of the largest Volvo and Mack dealerships in the U.S. and is a recognized leader in new and used truck sales, parts sales and service. 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 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. 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. 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. David William Thompson was born to parents George and Leesa in Westchester, New York. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) David and Patricia Thompson combined net worth is estimated to be around $10 million USD. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. Welcome visitor you can state of oregon mileage reimbursement rate 2021 TEC Equipment has focused its growth strategy along the Interstate 5 corridor. 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 Equipments growth in the dealership industry is unprecedented. 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. Founder & Chief Executive Officer at TEC Equipment . Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 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. 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. In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. Learn more. Copper Cable Tester. 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. About Us; Staff; Camps; Scuba. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. Review this Movie. 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. 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. student success, Oregon State University Get the latest business insights from Dun & Bradstreet. After a few years of studying stand-up comedy . David Thompson is an iconic basketball player who has had a long and successful career. We are thrilled to welcome David as a Member.". 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. Headquartered in Portland, Oregon, TEC. He was the NBA All-Star Game MVP and a four time All-Star and was two time All-NBA First Team. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. 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. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Sep 1976 - Present46 years 6 months. David Thompson's income source is mostly from being a successful Player. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. 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. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. He also worships the God and participates in all festivals. Under Review. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. Submit a correction suggestion and help us fix it. Actor: Win Win. 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. 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. family business 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. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". David Thompson was born in Shelby . . 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. by Sabine Bickford. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? 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. And the portfolio of investments is $50,000. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. 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. Since its founding, TEC has remained a family-owned business. 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. Find top employees, contact details and business statistics at RocketReach. David A. 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