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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. 1976 David Thompson founded Thompson Equipment Company. Our hours have changed We are now closed on Mondays. David O took an interest in the family business from a young age, working in a variety of roles around the dealerships as a teenager until he joined the company full-time in 2010. News, articles, and interesting stuff from the College of Business. TEC Equipment has grown to become the west's premier, multi-point, full-service truck dealership groups. The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. a UEFA A and B licensed coach working towards his professional licence. 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. 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. Theres no partners in the business except myself and my three sons, the elder Thompson said. "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. 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. mba 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. 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. 2011 Opened a leasing and parts center in Tacoma, WA. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. He is currently [when?] David Thomson's net worth as of February 2023 is a massive $32 billion. 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. 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. Good Bye Lenin! Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. It seems as if no matter the news the stock goes down. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. For more information, please visit www.horatioalger.org. 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. In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. A few school productions and original local theater pieces later, David began to audition for student films in New York. He then started Thompson Equipment Company, buying and selling used trucks. May 4, 2022. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. And the portfolio of investments is $50,000. 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, 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. 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. 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. 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. 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 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. 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 . 1999 Acquired the Mack Los Angeles, CA franchise. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. . and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. David Thomson has a net worth of $5.09 billion. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? 2019 Opened Mack and Wabash dealership in San Diego, CA. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. We have estimated David Thompson's net worth , money, salary, income, and assets. 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. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. For more information about TEC Equipment, visit theirwebsite. We are thrilledto welcomeDavidas a Member.. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. CONTACT: 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. 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. Keeping low prices, low. Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. 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. It was always important to David that his children played an integral role in shaping the future of TEC. Mr. Thompson was just 15 years old when he lost his father. Also, the stud is home to four top-class stallions. Email us, Copyright 2021 Oregon State University Disclaimer. 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. 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. 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. TEC Equipment was founded in 1976 by David Thompson. That perceived safety was incongruent with our family values and ideals, Thompson said. For more information, please visit www.horatioalger.org. 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. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. Two years later. He currently resides in Shelby, North Carolina, USA. "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 . 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. A consistent increase . 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. In 2020, he was listed as the wealthiest person in Canada. . David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . 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, please visitwww.horatioalger.org. Horatio Alger Association names 14 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2020. "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. But coasting on the confidence of what had previously been built is not the TEC way. 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. Swathi Veldandi Design Studio. 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. David Thompson played his college basketball at NC State and his #44 was retired. Sign up for our newsletter for updates on new parts specials, job offers, and more. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. It is the route many of our original customers traveled and on which they continue to operate today. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. College news Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. Flashback to 1985, Julie Sandoval was hired through the Kelly Girl staffing agency as a cashier for a GM factory-owned store in Oakland. Under Review. 2751 SW Jefferson Way However, there is an industry that might be most affected . Get the latest business insights from Dun & Bradstreet. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. corporate partners 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. 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. "TEC Equipment was born from an entrepreneurial mindset and tremendous . David A. Thompson founded TEC Equipment in 1976. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. For more information, please visit www.horatioalger.org. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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 Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Real Time Net Worth. 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. 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. David A. Thompson founded TEC Equipment in 1976. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. David W. Thompson. 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. 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. 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. In the past decade, Thompson was joined by his three sons, who have become owners. David A. Thompson founded TEC Equipment in 1976. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. 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. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. TEC Equipment Profile and History . from 8 AM - 9 PM ET. Salary in 2022. However, his family is the richest family in Canada with $35 billion combined fortune. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. Net Worth in 2022. Oregon business Founded: 1976. 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) 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 . The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. The story illustrates why TEC Equipment was chosen as the winner for Generational Development in the 2021 Excellence in Family Business Awards. And historic restaurants to local cafes and neighborhood eateries, the Association educates. But coasting on the confidence of what had previously been built is not the way... Franchises for Reno North America is home to four top-class stallions original local theater pieces later, began... Parts center in Fontana 2022 honors for Eugene, OR and Medford OR. 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