david thompson tec equipment net worth

William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. TEC Equipment Jun 2010 - May 2013 3 years. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. For more information, please visit, David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. Our focused strategy has yielded over 40 years of market share growth and financial stability. Our hours have changed We are now closed on Mondays. "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. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. 306 people follow this. 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. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. Today, David is joined by his three sons . "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. 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. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. XDSL Tester David A. Thompson founded TEC Equipment in 1976. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. 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. News, articles, and interesting stuff from the College of Business. 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. The second generation sons David O., Chris and William lobbied for a chance to model the savvy and drive they had seen throughout their upbringing. Outside of work, he enjoys skiing, traveling, boating and cycling. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. Find low prices. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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. For more information, please visit www.horatioalger.org. XDSL Tester The median net worth for the 35-44 group, $91,300, is still more than 16% below the pre-Recession median net worth of $109,430 in 2007. 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. david thompson tec equipment net worth; PDF Identifying the Signer How to Write a Legal Caption | Legal Beagle Each co-owner has a separate legal title to his undivided interest. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. "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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. corporate partners Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. We are thrilled to welcome David as a Member.". Recruitment Collateral.TEC Equipment, Inc. matches 60% of your first $4,000 As of today, we have now hired 146 new employeesin contributions each year - if you took full advantage of through the TEC JOB CENTER since our April 11thTEC's 401k Plan match that would be an additional $2,400 launch!per year. Net Worth in 2022. In 2020, he was listed as the wealthiest person in Canada. We are thrilled to welcome David as a Member.". Lea Thompson is a popular actress, director, and television producer from America. Heandhis wife Annestablished a major annual scholarship programat Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. 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, (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 discovered his talents for acting in middle school when he was recommended to audition for a play. Company size: 501-1000 employees. Benzinga does not provide investment advice. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. He worked through his entire bag which was fun. 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. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. For more information, please visitwww.horatioalger.org. Total Liabilities = $258.6 Bn. 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, 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. If the liabilities are greater than assets, it implies a negative net worth. David A. Thompson founded TEC Equipment in 1976. Get the latest business insights from Dun & Bradstreet. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). Thomson has a diverse art portfolio reported to include pieces from Pablo Picasso and the world's top collection of English romantic painter John Constable. 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. The safe play was to pass, Thompson recalled. David Thompson founded TEC Equipment in 1976. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and California (except Sacramento), making TEC the largest multi-point Volvo, Mack, and GMC Truck dealership group in the United States, and 5th largest of all U.S. truck dealers. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. 2023 Celebrity Net Worth / All Rights Reserved. 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. 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. 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. However, there is an industry that might be most affected . 2002 Continued to grow at a robust pace with the addition of the Volvo and GMC Los Angeles franchises and a used truck center in San Bernardino, CA. William joined TEC in 2014 after earning a degree in Business Administration from Oregon State University and a degree in Supply Chain Management from Lund University in Lund, Sweden. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. , 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. 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. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. ALL RIGHTS RESERVED. 1997 Purchased a used truck center in Fontana, CA in 1997, first entry into the California market. 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. 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. Description: TEC Equipment was founded in 1976 by David Thompson. 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. "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. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . 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. "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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. David O graduated with a Bachelors degree in Business Administration from Oregon State University. Alexandria, VA 22314. All net worths are calculated using data drawn from public sources. Thank you for subscribing to the Business Matters Newsletter. CONTACT . Today, David is joined by his three sons, David O., Chris, and William. All rights reserved. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 2751 SW Jefferson Way 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. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. 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 was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. All Rights Reserved. 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. steve thompson bethel . I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". Two years later,he builta 7,800-square-foot building to service and sell his used trucks. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly.

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