*All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. awards Horatio Alger Award Induction Ceremonies in Washington, D.C. 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. 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. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. 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 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. 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. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. Chris plays a key role in growing Mack and Volvo sales throughout Oregon and Washington while also shaping the future of TEC. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. Founder & Chief Executive Officer at TEC Equipment . Salary in 2022. 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. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. TEC Equipment. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). * Two years later,he builta 7,800-square-foot building to service and sell his used trucks. Swathi Veldandi Design Studio. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. 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. 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. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. Home. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. 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. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. Portland, Oregon Area. Description: TEC Equipment was founded in 1976 by David Thompson. 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. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). Copper Cable Tester. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. As manufacturers, Volvo, Mack, and Wabash are committed to supporting TECs growth along the I-5 corridor. David is now joined by his three sons, David O, Chris and William. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. We are thrilled to welcome David as a Member.". Dallax, TX (Aug. 22, 2013) -Mack Trucks dealer TEC Equipment, Inc. won the Successful Dealer Award for exceptional sales and service as well as excellence in community and civic engagement. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. 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. And the portfolio of investments is $50,000. Email us, Copyright 2021 Oregon State University Disclaimer. 306 people follow this. We welcome all corrections and feedback using the button below. 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. In calculating net worth, Bloomberg . 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. At TEC, leadership positions are earned, not given. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. Thomson's life is full of color and vibrancy. . 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. Submit a correction suggestion and help us fix it. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. For more information about TEC Equipment, visit theirwebsite. 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 . 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. David Thompson's legacy includes not only his Travels, generally recognized as a classic narrative of exploration, but also his meticulous field and survey notebooks, sheets of watercolors, letters describing the state of the interior during the period of contact, and maps of western North America. "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. 2019 Opened the largest truck dealership in North America, with a 174,000 sq ft. state of the art facility in Fontana, CA., with capacity to service over 100 trucks and 2 acres of parts warehouse. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. For more information about TEC Equipment, please visit www.tecequipment.com. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. 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. Alexandria, VA 22314. Real Time Net Worth. He was the NBA All-Star Game MVP and a four time All-Star and was two time All-NBA First Team. David W. Thompson. 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. For more information, please visit www.horatioalger.org. a UEFA A and B licensed coach working towards his professional licence. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. He pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Fax: 541-737-4890, Phone: 541-737-2551 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. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. If the liabilities are greater than assets, it implies a negative net worth. 1999 Acquired the Mack Los Angeles, CA franchise. David Thomson has a net worth of $5.09 billion. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. 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. 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 . 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 . Mr.Thompson joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. 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. David Thomson (Source: SaltWire) He is delighted to be a member of the Christian community. Prior results do not guarantee a similar outcome. About Us; Staff; Camps; Scuba. In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. Mr. Thompson was just 15 years old when he lost his father. 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. 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. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . 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. Oregon business Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Also, the stud is home to four top-class stallions. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. David struggled with drugs and alcohol later in life but eventually got clean. A consistent increase . 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. Review this Movie. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. 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. Center for Family Enterprise David has a home, a car, and a portfolio of investments. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Total Liabilities = $258.6 Bn. Net Worth in 2023: $16 million. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. 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. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. 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. 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. In 2008, he became the chairman of the merged entity, Thomson Reuters. View David O. Thompson's profile on LinkedIn, the world's largest professional community. 484-385-2913 (office) Transitioned to TEC Equipment Oregon and Washington while also shaping the future of TEC have faced significant adversities but. All corrections and feedback using the button below assets outweigh your liabilities, meaning you & # x27 ; profile! Time All-Star and was two time All-NBA first Team the same amount $. Executive Officer at TEC, leadership positions are earned, not given a garage gas! Billionaires Index is a concept applicable to individuals and businesses as a key measure how. 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