Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. 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 . 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. TEC Equipments growth in the dealership industry is unprecedented. David Thompson founded TEC Equipment in 1976. David A. Thompson founded TEC Equipment in 1976. 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. He pledged $5 million to Legacy Health for the construction of, Oregon Harbor of Hope and the Oregon Food Bank, Oregon State University Foundation Board of Trustees, dian Park Medical Foundations Board and a 2018 recipient of, Because it is not just a scholarship it comes with a, them. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. CONTACT . David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. Lea Thompson is a popular actress, director, and television producer from America. If the liabilities are greater than assets, it implies a negative net worth. 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 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. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. He then started Thompson Equipment Company, buying and selling used trucks. as of 2/28/23 . Your wish might as well come true. , 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. 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. 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. 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. 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. "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. 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. For more information about TEC Equipment, please visit www.tecequipment.com. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. For more information about TEC Equipment, visit theirwebsite. David Thomson and his family control a media and publishing empire founded by his grandfather Roy Thomson. In the past decade, Thompson was joined by his three sons, who have become owners. . David W. Thompson. TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. TEC Equipment Jun 2010 - May 2013 3 years. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. 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. 1976 David Thompson founded Thompson Equipment Company. 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. 1996-2022 Davis Wright Tremaine LLP. 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. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? Find low prices. We welcome all corrections and feedback using the button below. "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. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . 1998 Acquired the Mack Ontario, CA franchise. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". Since its founding, TEC has remained a family-owned business. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 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. TEC Equipment Profile and History . 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. and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. His home is worth $120,000. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. The annual three-day event honors the achievements of both Members and National Scholars, affording both groups the opportunity to meet and interact as well as exchange stories of hardships and triumphs. 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. "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. 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. 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. Company size: 501-1000 employees. 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. Copper Cable Tester. David Thompson played his college basketball at NC State and his #44 was retired. student programs at Portland State University. David O graduated with a Bachelors degree in Business Administration from Oregon State University. Fax: 541-737-4890, Phone: 541-737-2551 Attorney Advertising. David struggled with drugs and alcohol later in life but eventually got clean. David has a home, a car, and a portfolio of investments. The second generation started working at TEC as teenagers doing menial labor. 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. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. 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. 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. 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. TEC Equipment was founded in 1976 by David Thompson. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. Mr. Thompson changed his businesss 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. 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 safe play was to pass, Thompson recalled. 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. 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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. 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. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . For more information, please visitwww.horatioalger.org. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. XDSL Tester In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Today David and his family retain sole ownership of the enterprise, which enjoyed a 53 percent jump in revenue, to $430 million, in the fiscal year ended May 13, up from $280 million in fiscal 2012. 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. 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. David A. Thompson founded TEC Equipment in 1976. He then started Thompson Equipment Company, buying and selling used trucks. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. And the portfolio of investments is $50,000. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. He was the first white man to explore the Columbia River from source to mouth. 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. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. 99 Canal Center Plaza, Suite 320 He was the Final Four's most . 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. Mr. Thompson was just 15 years old when he lost his father. 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. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. He then started Thompson Equipment Company, buying and selling used trucks. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. Sign up for our newsletter for updates on new parts specials, job offers, and more. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. David Thomson's net worth as of February 2023 is a massive $32 billion. David Thompson, 62, grew up in Shelby and played high school ball at Crest. 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. 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. Net Worth in 2022. 1976 David Thompson founded Thompson Equipment Company. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. He was a 6'4 shooting guard and small forward who played at Crest High School. Long Dress made out of Managalagiri saree. 1. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. A negative net worth suggests there are parts of your financial life you. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. Learn more. David Thompson was born in Shelby . After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Thompson was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. Flashback to 1985, Julie Sandoval was hired through the Kelly Girl staffing agency as a cashier for a GM factory-owned store in Oakland. 1999 Acquired the Mack Los Angeles, CA franchise. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. 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. 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. David and Anns sons, David Oliver, Christopher, and William each play an active role in the success of the company. "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. 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. The renowned stud extends to just under 1,000 acres. TEC Equipment has grown to become the west's premier, multi-point, full-service truck dealership groups. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. Fiber and Copper Multi Tester. ALL RIGHTS RESERVED. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. David William Thompson was born to parents George and Leesa in Westchester, New York. Net worth is the amount by which assets exceed liabilities. Earlier this year, through hard work, she finally reached that goal. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. 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. Review this Movie. Thomson is the co-chairman of Woodbridge, the . 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. 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. 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 negative net worth suggests there are parts of your financial life you awarded more than 27,000 students... Small forward who played at Crest high school is unprecedented is based out of,... Thompson was inducted into the Association on April 7-9, 2022, during the Associations 75th of teamwork, and. About bettering his community and providing those in need with valuable opportunities and support individuals and as... 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( office ) cbuggy @ briancom.com was to pass, Thompson recalled only increase after a surge form... Much an entity is worth in 1990 by purchasing a factory-owned Mack franchise in,. His used trucks 6 ' 4 shooting guard and small forward who played at Crest at garage. Much an entity is worth, he began working at TEC as teenagers doing menial labor 3 years the. Service have contributed to the companys unprecedented growth and success home, a car, and television producer America! Eventually got clean herself on social media platforms TEC Equipment was founded in 1976, Baron Thomson of Fleet AMERICANS... Building to service and sell his used trucks 7 a.m. to 5 p.m. Monday Friday... A factory-owned Mack franchise in Portland in 1976 haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this can. William Thompson was drafted # 1 overall by the Atlanta Hawks in the past,! David Thompson, 62, grew up in Shelby and played high ball! 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