After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. CONTACT: 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. 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. 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. TEC Equipment was born from an entrepreneurial mindset and tremendous moxie, CEO and president Thompson said. David Thompson, 62, grew up in Shelby and played high school ball at Crest. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. 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. "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. Thomson is the co-chairman of Woodbridge, the . 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. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. TEC Eurolab Srl. and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. 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 . And the portfolio of investments is $50,000. Attorney Advertising. student programs at Portland State University. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. A consistent increase . In the past decade, Thompson was joined by his three sons, who have become owners. 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. 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. For more information about TEC Equipment, please visit www.tecequipment.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. 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. 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. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. "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. 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. Review this Movie. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. 2751 SW Jefferson Way
TEC Equipment raised a total of $5 M in funding over 1 rounds. 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. awards Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) 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. 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. We are thrilledto welcomeDavidas a Member.. Industry: Vehicle Dealers. If the liabilities are greater than assets, it implies a negative net worth. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. 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. 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. 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. He won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. 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. 1. About Us; Staff; Camps; Scuba. 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. David A. Thompson founded TEC Equipment in 1976. May 4, 2022. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. He then started Thompson Equipment Company, buying and selling used trucks. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 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. A few school productions and original local theater pieces later, David began to audition for student films in New York. David William Thompson was born to parents George and Leesa in Westchester, New York. 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. 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 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. mba 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. Get the latest business insights from Dun & Bradstreet. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. 1990 Acquired first franchise, a factory-owned Mack dealership in Portland, OR. Thank you for subscribing to the Business Matters Newsletter. He is currently [when?] He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. 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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 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. Mr. Thompson was just 15 years old when he lost his father. 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 then started Thompson Equipment Company, buying and selling used trucks. ALL RIGHTS RESERVED. 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. David Thompson's income source is mostly from being a successful Player. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. David Thompson founded TEC Equipment in 1976. That perceived safety was incongruent with our family values and ideals, Thompson said. 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. For more information, please visit www.horatioalger.org. Founded: 1976. 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. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? 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. Copper Cable Tester. All rights reserved. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. 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. David Thompson was born in Shelby, North Carolina in July 1954. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. 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. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. He was the first white man to explore the Columbia River from source to mouth. Net Worth is calculated using the formula given below. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. As manufacturers, Volvo, Mack, and Wabash are committed to supporting TECs growth along the I-5 corridor. 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. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Description: TEC Equipment was founded in 1976 by David Thompson. 2019 Opened Mack and Wabash dealership in San Diego, CA. 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. 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. West Palm Beach, Florida | February 3-6, 2023; . steve thompson bethel . #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . 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. . Enter the email address you signed up with and we'll email you a reset link. Keeping low prices, low. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. All net worths are calculated using data drawn from public sources. 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 family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. Hints and clues to help you with today's Wordle. In 2020, he was listed as the wealthiest person in Canada. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. "TEC Equipment was born from an entrepreneurial mindset and tremendous . Revenue: $500 million to $1 billion (USD) Competitors: Unknown. As the West's leading full-service truck and trailer . Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. 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 Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. corporate partners Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. 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. It seems as if no matter the news the stock goes down. He worked through his entire bag which was fun. David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. a 7,800-square-foot building to service and sell his used trucks. Founder & Chief Executive Officer at TEC Equipment . David A. Thompson founded TEC Equipment in 1976. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Four-time NBA All-Star who was selected first overall in the 1975 NBA Draft. 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. 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 then started Thompson Equipment Company, buying and selling used trucks. 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