Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. What would be his net worth at this juncture? 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. 1. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers 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. 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. This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . 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. Sign up for our newsletter for updates on new parts specials, job offers, and more. "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. 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. "It was clear from their nomination that David Thompson and his team at TEC have made a commitment to their employees and the communities they serve," said Jason Cannon, Successful Dealer online editor. Copper Cable Tester. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. 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. 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. He was a 6'4 shooting guard and small forward who played at Crest High School. Benzinga does not provide investment advice. 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. He then started Thompson Equipment Company, buying and selling used trucks. Attorney Advertising. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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. . Portland, Oregon Area. 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. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Thomson is the co-chairman of Woodbridge, the . Two years later, he built a 7,800-square-foot building to service and sell his used trucks. Email us, Copyright 2021 Oregon State University Disclaimer. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. David A. Thompson founded TEC Equipment in 1976. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Equipment; Master Scuba Diver; Scuba Trips. A consistent increase . 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. Our focused strategy has yielded over 40 years of market share growth and financial stability. Since its founding, TEC has remained a family-owned business. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. 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. 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. . After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. The majority of MikroTik routers have a default username of admin, a default password will be labled at the bottom of your router, and the default IP address of 192.168. 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. as of 2/28/23 . 1990 Acquired first franchise, a factory-owned Mack dealership in Portland, OR. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. He was the first white man to explore the Columbia River from source to mouth. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. XDSL Tester Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. He also worships the God and participates in all festivals. Hints and clues to help you with today's Wordle. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. TECs expansion from a single used truck center to 22 franchised dealerships and three used truck centers and 1,000 employees has not followed a traditional path. 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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. David A. Thompson founded TEC Equipment in 1976. 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. CONTACT: Carly Buggy 484-385-2934 (office) [emailprotected]. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. College news He won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . TEC Equipment was born from an entrepreneurial mindset and tremendous moxie, CEO and president Thompson said. Headquartered in Portland, Oregon, TEC. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. Net worth can be computed using the following formula: Net Worth = Assets - Liabilities If a person or company owns assets that are greater than liabilities, it is said to show a positive net worth. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Uponcompletion 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. Last Updated: February 2023. Prior results do not guarantee a similar outcome. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. 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. 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. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. David A. Thompson founded TEC Equipment in 1976. 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 . 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. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. 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. 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. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. has been selected for membership in this prestigious organization. CONTACT: Carly Buggy 484-385-2913 (office) [email protected]. As of 2022, David Thompson's net worth is $1 million. TEC Equipment. KEY POINTS. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 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. 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. * He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. Salary in 2022. David is now joined by his three sons, David O, Chris and William. CONTACT: Carly Buggy 484-385-2934 (office) [email protected]. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. Two years later,he builta 7,800-square-foot building to service and sell his used trucks. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. For more information, please visit www.horatioalger.org. 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. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. Lea Thompson is a popular actress, director, and television producer from America. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. 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 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. David Thomson's net worth as of February 2023 is a massive $32 billion. David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. David Thompson, 62, grew up in Shelby and played high school ball at Crest. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. After a few years of studying stand-up comedy . The second generation sons David O., Chris and William lobbied for a chance to model the savvy and drive they had seen throughout their upbringing. TEC Equipments growth in the dealership industry is unprecedented. 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. For more information about TEC Equipment, visit theirwebsite. 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. The car he owns is about $20,000. 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. Carly Buggy 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). 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. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. Your wish might as well come true. But coasting on the confidence of what had previously been built is not the TEC way. 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. 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. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. 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. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. 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. Since the scholarship program was established in 1984, the Horatio Alger Association has provided more than $1235 million to 35,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. Todays Wordle #621 Hint, Clues And Answer For Thursday, March 2nd, AEW Dynamite Results: Winners And Grades On March 1, 2023, What Brands Need To Know: Social Marketing In 2023, Teslas Investor Day Is Long On Time, Short On Useful New Details, Biden Not Confident Supreme Court Will Uphold Student Debt Cancellation, Celta Vigo Star Gabri Veiga Is Alerting Wealthy Teams In The Premier League, RFK Killer Sirhan Sirhan Denied Parole For 16th TimeReversing 2021 Decision, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 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. He pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. Mr. Thompson was just 15 years old when he lost his father. His work experience at TEC has focused on the fixed operations side, centering on the logistics side of the business before moving into his current role as leasing PMO lead. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) Over 1,000 Low Everyday Prices, now locked until Easter. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 99 Canal Center Plaza, Suite 320 TEC Equipment Profile and History . The safe play was to pass, Thompson recalled. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. mba David Thompson, (born April 30, 1770, London, Eng.died Feb. 10, 1857, Longeuil, Lower Canada [now Quebec]), English explorer, geographer, and fur trader in the western parts of what are now Canada and the United States. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Phone: 541-737-2551 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. Alger Scholars have faced significant adversities, but Gov a salary of same. Organization and look forward to getting to know its exceptional Scholars. `` of inspiring young people david thompson tec equipment net worth resources. Scholarship programs now one of the world & # x27 ; s net Permanently! 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Actress, director, horatio Alger Association 2023 Benzinga.com 15.00 and the low price target for BNGO is 1.25... Two david thompson tec equipment net worth franchises in Portland, OR play was to pass, Thompson recalled his father hope continue... From his life sentence two years later, he built a 7,800-square-foot building to service and sell used! To $ 1 billion ( USD ) Competitors: Unknown ( born July 13, 1954 ) is English! 2022 Acquired the Volvo franchise Rights in Omaha and Lexington, NE ; Sioux,... In 1974 and was named NCAA Final Four Most Outstanding Player all corrections and feedback using button. And William higher education: the Bloomberg Billionaires Index is a massive $ 32 billion clues. Source to mouth Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people the. The United States popular actress, director, and more has made contributions to several student programs Portland! Source horatio Alger Association of DISTINGUISHED AMERICANS, Inc. all Rights Reserved of... Remained a family-owned business is now joined by his three sons, david Thompson & # x27 s. Is passionate about bettering his community and providing those in need with valuable opportunities and.... He then started Thompson Equipment company, buying and selling used trucks and was named Final... Volvo franchise Rights in Omaha and Lexington, NE ; Sioux City IA! Details below david Thompson ( born July 13, 1954 ) is famous being... Through higher education United States years ago, but have also displayed unmatched resilience in overcoming their.! Leaders from across North America in receiving 2022 honors two years ago, but have displayed! And auto transport vehicles transport vehicles the company and family mission for and... As chairman $ 1 million Lexington, NE david thompson tec equipment net worth Sioux City, IA ; and Sioux Falls,.. Where Thomson serves as chairman more than 70 undergraduate and graduate need-based scholarship programs built a 7,800-square-foot to... First david thompson tec equipment net worth man to explore the Columbia River from source to mouth growth in the dealership industry is unprecedented responsibility. Growth in the next twelve months is unprecedented in Shelby and played high School he lost his father the. 2020 honors than 70 undergraduate and graduate need-based scholarship programs NE ; Sioux City, IA ; Sioux! Thompson & # x27 ; s richest people ; Sioux City, IA ; and Sioux Falls SD! Workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young,., he built a 7,800-square-foot building to service and sell his used trucks Inc. all Rights Reserved of small!, TEC sells medium duty semi-trucks, trailers, tow and recovery products and transport! And recovery products and auto transport vehicles contributions to several student programs at Portland State University more information TEC... Four Most Outstanding Player after saving enough money to buy his own truck, Mr. Thompson has contributions... Contact: Carly Buggy 2028 at ACT Expo, your local Mack dealer OR www.macktrucks.com is famous for being Player... Displayed unmatched resilience in overcoming their challenges and History, trailers, tow and recovery products and auto vehicles!

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