TEC Equipment. He's arguably N.C. State's greatest basketball player, playing from 1972-75. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Description: TEC Equipment was founded in 1976 by David Thompson. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. . 2020 Opened a Volvo and Wabash dealership in Dixon, CA. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. The story illustrates why TEC Equipment was chosen as the winner for Generational Development in the 2021 Excellence in Family Business Awards. mba 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. We have estimated David Thompson's net worth , money, salary, income, and assets. 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. Portland, Oregon Area. Horatio Alger Award Induction Ceremonies in Washington, D.C. He then started Thompson Equipment Company, buying and selling used trucks. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. 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. 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 is from American. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Megawide is building a $300 million data center in Cavite, south of the Philippine capital of Manila, as the construction company pivots to the digital space. * Keeping low prices, low. Mr. Thompson was just 15 years old when he lost his father. 1999 Acquired the Mack Los Angeles, CA franchise. from 8 AM - 9 PM ET. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. Thomson's life is full of color and vibrancy. 1976 David Thompson founded Thompson Equipment Company. 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. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. 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. by Sabine Bickford. View David O. Thompson's profile on LinkedIn, the world's largest professional community. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. Swathi Veldandi Design Studio. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. Net worth is the amount by which assets exceed liabilities. a 7,800-square-foot building to service and sell his used trucks. William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. 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. Mr. Thompson wasjust15 years old when he lost his father. 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. 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. 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. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. 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. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) 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. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. 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 Thompson is an iconic basketball player who has had a long and successful career. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. 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. All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. Home. 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. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . Today, David is joined by his three sons . 484-385-2913 (office) The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. The second generation started working at TEC as teenagers doing menial labor. Real Time Net Worth. 1998 Acquired the Mack Ontario, CA franchise. 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. 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. 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. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. 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. 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. Headquartered in Portland, Oregon, TEC. Net Worth is calculated using the formula given below. He is currently [when?] Education . This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealershipandgot a job as a truck driver. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. May 4, 2022. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. Since its founding, TEC has remained a family-owned business. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. As of 2022, David Thompson's net worth is $1 million. 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. David Thompson - Founder / Ceo - Tec Equipment - email id & phone of top management contacts like Founder, CEO, CFO, CMO, CTO, Marketing or HR or Finance head. Total Liabilities = $258.6 Bn. 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. He was the NBA All-Star Game MVP and a four time All-Star and was two time All-NBA First Team. Your wish might as well come true. . SOURCE Horatio Alger Association of Distinguished Americans, Inc. Cision Distribution 888-776-0942 David has a home, a car, and a portfolio of investments. Four-time NBA All-Star who was selected first overall in the 1975 NBA Draft. 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. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. Good Bye Lenin! 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. He was the first white man to explore the Columbia River from source to mouth. Review this Movie. "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. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. When typing in this field, a list of search results will appear and be automatically updated as you type. "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 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 was a 6'4 shooting guard and small forward who played at Crest High School. We are thrilled to welcome David as a Member.". Also, the stud is home to four top-class stallions. 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 . TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. Long Dress made out of Managalagiri saree. $1 Million - $5 Million. His home is worth $120,000. Our focused strategy has yielded over 40 years of market share growth and financial stability. 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 Thompson was born in Shelby . corporate partners "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. 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as 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. 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. 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. 99 Canal Center Plaza, Suite 320 Corvallis, Oregon 97331 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 Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. 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. News, articles, and interesting stuff from the College of Business. "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. David Thompson was born in Shelby, North Carolina in July 1954. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . The car he owns is about $20,000. For more information, please visit www.horatioalger.org. ALL RIGHTS RESERVED. 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. Meet the Thompson Family. As the West's leading full-service truck and trailer . 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