david thompson tec equipment net worth

2010 Acquired Mack and Volvo franchises for Las Vegas, NV and San Francisco, CA. Industry: Vehicle Dealers. News, articles, and interesting stuff from the College of Business. In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. 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. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. All rights reserved. "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. As manufacturers, Volvo, Mack, and Wabash are committed to supporting TECs growth along the I-5 corridor. Two years later. David A. Thompson founded TEC Equipment in 1976. 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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. Copper Cable Tester. awards 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. 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. For more information, please visit www.horatioalger.org. 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. 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. 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. Learn more. 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. Salary in 2022. 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 . David struggled with drugs and alcohol later in life but eventually got clean. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Enter the email address you signed up with and we'll email you a reset link. His home is worth $120,000. 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. 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. 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. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. 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. David has a home, a car, and a portfolio of investments. 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. Net Worth is calculated using the formula given below. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. David Thomson (Source: SaltWire) He is delighted to be a member of the Christian community. We are thrilled to welcome David as a Member.". They own Cheveley Park Stud, which is one of the biggest and most successful thoroughbred stud farms in Europe. 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. 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. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. Also, the stud is home to four top-class stallions. Outside of work, he enjoys skiing, traveling, boating and cycling. and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. 2012 Acquired Volvo in Seattle, followed by Mack 6 months later. 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. 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. 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. 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. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. David Thomson is the Chairman of the Thomson Reuters . Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. He was a 6'4 shooting guard and small forward who played at Crest High School. Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. We welcome all corrections and feedback using the button below. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. 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. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. For more information about the Mack LR Electric, please visit Mack booth No. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. 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. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. He's arguably N.C. State's greatest basketball player, playing from 1972-75. We are thrilled to welcome David as a Member.". David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . . Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. 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. 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. Thomson's life is full of color and vibrancy. Welcome visitor you can state of oregon mileage reimbursement rate 2021 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 484-385-2913 (office) 1. 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. After a few years of studying stand-up comedy . 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. Theres no partners in the business except myself and my three sons, the elder Thompson said. 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. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. View David O. Thompson's profile on LinkedIn, the world's largest professional community. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. 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 Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. 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. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. Gavin Newsom (D) blocked the move. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. 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. David Thompson was born in Shelby . It is the route many of our original customers traveled and on which they continue to operate today. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. Description: TEC Equipment was founded in 1976 by David Thompson. 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. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. We provide convenient access to multiple locations, premium products, parts and service. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. Today, David is joined by his three sons . 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. 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