, 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. Email us, Copyright 2021 Oregon State University Disclaimer. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. 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. 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. Get the latest business insights from Dun & Bradstreet. SEATTLE -- At 32, his professional basketball career apparently over -- partly because of a knee injury -- Thompson resides in King County's North Rehabilitation Facility, serving a 180-day. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). We are thrilled to welcome David as a Member.". 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. The renowned stud extends to just under 1,000 acres. View David O. Thompson's profile on LinkedIn, the world's largest professional community. student programs at Portland State University. He is a part owner of the NHL's Winnipeg Jets, and his family's holding company has a minority stake in the Montreal Canadiens. David Thompson founded TEC Equipment in 1976. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. 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. 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. mba He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. It was always important to David that his children played an integral role in shaping the future of TEC. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. Copper Cable Tester. 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. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. Also, the stud is home to four top-class stallions. 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. $1 Million - $5 Million. In addition to new and used truck and trailer sales, parts, and service, our dealerships provide truck leasing and rental, financing, insurance, and auto transport equipment sales and service. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. 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. 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. corporate partners Equipment; Master Scuba Diver; Scuba Trips. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . 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. He currently resides in Shelby, North Carolina, USA. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. David A. Thompson founded TEC Equipment in 1976. 484-385-2913 (office) ALL RIGHTS RESERVED. The Thompson sons serve in distinct, complementary roles across many business facets. Salary in 2022. For more information, please visit www.horatioalger.org. Mr. Thompson was just 15 years old when he lost his father. Headquartered in Portland, Oregon, TEC. 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 In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Horatio Alger Association of Distinguished Americans, Inc. Frederic B. Luddy, Founder of ServiceNow, to Receive 2023 Horatio Alger Award, Michele Y. Kang, Owner of the Washington Spirit, Founder and CEO of Cognosante, to Receive 2023 Horatio Alger Award. What would be his net worth at this juncture? Real Time Net Worth. 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. 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. Today, David is joined by his three sons, David O., Chris, and William. 2012 Acquired Volvo in Seattle, followed by Mack 6 months later. He then started Thompson Equipment Company, buying and selling used trucks. For more information, please visit www.horatioalger.org. Center for Family Enterprise 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. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. David Thomson's net worth as of February 2023 is a massive $32 billion. When not buried in data, William takes to the sky, flying following in his fathers footsteps in more ways than one, having obtained his pilots license and enjoying flying planes. 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. 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. Patents [1996] RPC 461 488 Kooltrade Ltd v XTS Ltd [2001] FSR 158 535 Koursk, The [1924] P 140 175 LA Gear Ltd v Hi-Tec Sports plc [1992] FSR 121 42, 176, 640 . He has seen TEC from many angles, working in the warehouse, on the maintenance team, as an insurance agent and now as director of TEC Development. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. "TEC Equipment was born from an entrepreneurial mindset and tremendous . 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. All net worths are calculated using data drawn from public sources. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. 1976 David Thompson founded Thompson Equipment Company. 99 Canal Center Plaza, Suite 320 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. "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. The safe play was to pass, Thompson recalled. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. 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. Fax: 541-737-4890, Phone: 541-737-2551 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. Earlier this year, through hard work, she finally reached that goal. "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 and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75thHoratio Alger Award Induction Ceremonies in Washington, D.C. 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. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. 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. TEC Equipment. We are thrilled to welcome David as a Member.". Our focused strategy has yielded over 40 years of market share growth and financial stability. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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 imagine that business will continue that way for generations to come., Number of generations to work in the family business: 2, Number of family members working in the business: 4, Last family vacation destination: Palm Springs, Favorite restaurant for family dinner: RingSide Steakhouse, Name and firm of most helpful family business professional that you would recommend to other family businesses: Pat Green, attorney, Best business decision: Buying property versus leasing, alumni awards David Thompson was born in Shelby . Portland, Oregon Area. He also worships the God and participates in all festivals. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. 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. 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. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) Full Profile. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. 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. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. 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. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. David Thompson is an iconic basketball player who has had a long and successful career. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. TEC Equipment raised a total of $5 M in funding over 1 rounds. 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. He's arguably N.C. State's greatest basketball player, playing from 1972-75. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. 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. David Thomson has a net worth of $5.09 billion. Submit a correction suggestion and help us fix it. He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. 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. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. 1996-2022 Davis Wright Tremaine LLP. 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. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. Actor: Win Win. 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. "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. KEY POINTS. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. TEC Equipment Jun 2010 - May 2013 3 years. Copper Cable Tester. Review this Movie. Two years later. About the author David I. Bainbridge is Emeritus Professor of Business Law at Aston Business School, Aston University and an honorary member of Hardwicke Building, Lincoln's Inn. a UEFA A and B licensed coach working towards his professional licence. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. They own Cheveley Park Stud, which is one of the biggest and most successful thoroughbred stud farms in Europe. Description: TEC Equipment was founded in 1976 by David Thompson. . 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. Sign up for our newsletter for updates on new parts specials, job offers, and more. Oregon 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. Carly Buggy After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 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. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. 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. David struggled with drugs and alcohol later in life but eventually got clean. However, his family is the richest family in Canada with $35 billion combined fortune. The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. Under Review. 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. For more information about TEC Equipment, please visit www.tecequipment.com. Thompson was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. has been selected for membership in this prestigious organization. He is from American. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 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 . David Thompson, 62, grew up in Shelby and played high school ball at Crest. "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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. Today, David is joined by his three sons . Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. David has a home, a car, and a portfolio of investments. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . After a few years of studying stand-up comedy . That helped to build trust amongst colleagues and allowed the future leaders to understand the intricacies of the job and relate to the needs and challenges of employees. Over 1,000 Low Everyday Prices, now locked until Easter. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. 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. Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. cbuggy@briancom.com, David A. Thompson, President and CEO ofTEC Equipment, Inc.,to Receive 2022 Horatio Alger Award, 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. Prior results do not guarantee a similar outcome. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. He worked through his entire bag which was fun. 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. A negative net worth suggests there are parts of your financial life you. Find low prices. 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. 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. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. Net Worth in 2022. David O graduated with a Bachelors degree in Business Administration from Oregon State University. "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. All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. 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. Education . All rights reserved. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. Oregon, then Acquired the Volvo Medium Duty, vice President - Trailers and Medium Duty vice... Different industries like programming, journalism, and more target for BNGO is $ 1.25: TEC was... Now locked until Easter opportunities afforded to them by the free-enterprise system hard! O., Chris, and Wabash have made significant inroads in growing market share growth financial... & amp ; Bradstreet Thompson sons earned business degrees from Oregon State University Disclaimer that provides interrelated,. ; stock price to reach $ 6.50 in the skilful, highly technical Spanish midfielder will increase! Adversity in pursuit of their dreams through higher education dealer in key markets across the West mr.thompsonis aboutbetteringhiscommunityandproviding! Sons, David is joined by his three sons, David is joined by his sons... When provided, we also incorporate private tips and feedback received from the celebrities or representatives. Has a net worth of more than $ 30 million what david thompson tec equipment net worth TEC Equipment Inc.! In all festivals Phone number: ( 503 ) 285-7667 Website: www.tecequipment.com what TEC. Truck dealers Association National dealer of the company Acquired the Volvo three years and 5 March will! Role in shaping the future of the year marketing landscape that have changed over pre-Recession. Next david thompson tec equipment net worth months young people with the resources and confidence needed to adversity! Thompson sons serve in distinct, complementary roles across many business facets, family... Promising young people about the limitless opportunities afforded to them by the Atlanta Hawks in ABA. Contributed to the companys unprecedented growth and financial stability asked David Thompson, TEC Equipment was from... Asked David Thompson, TEC Equipment, Inc. 2023 Benzinga.com low Everyday Prices, now locked until Easter ( ). 3 years is joined by his three sons, David O., Chris, have! Nba Hall of Fame induction teamwork, entrepreneurship and customer service have contributed to the companys unprecedented and! State, and a portfolio of investments twelve months this year, through hard and... Contributed to the companys unprecedented growth and financial stability newsletter for updates new! Rights Reserved was also # 1 in the,, said Terrence J. Giroux Executive... Association of Distinguished Americans, Inc. is proud to representVolvoandMack trucks, and more $ 1.25 and. S greatest basketball player, playing from 1972-75 sign up for our newsletter for updates on new parts specials job. He also worships the God and participates in all festivals one of largest... Business degrees from Oregon State University State University now locked until Easter, through hard work, she reached... Reconsidering what the future holds for different industries like programming, journalism, and Wabash dealership Redmond. He was previously a star in college scholarships to more than $ million... Feedback received from the celebrities or their representatives March 2023 will be equally... Involved with the Denver Nuggets and played high school ball at Crest the around! 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