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. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. 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 . David O graduated with a Bachelors degree in Business Administration from Oregon State University. . "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. Theres no partners in the business except myself and my three sons, the elder Thompson said. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Two years later. CONTACT: 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 is now joined by his three sons, David O, Chris and William. David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. The car he owns is about $20,000. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 306 people follow this. We have estimated David Thompson's net worth , money, salary, income, and assets. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. Thompson was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. 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. steve thompson bethel . "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. Fiber and Copper Multi Tester. 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. 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. He was the Final Four's most . David A. Thompson founded TEC Equipment in 1976. 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. A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. David Thomson's net worth as of February 2023 is a massive $32 billion. 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. About Us; Staff; Camps; Scuba. Thank you for subscribing to the Business Matters Newsletter. 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. * 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. . In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. Carly Buggy Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). Prior results do not guarantee a similar outcome. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. 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. Good Bye Lenin! 484-385-2913 (office) CONTACT:Carly Buggy484-385-2934 (office) cbuggy@briancom.com, View original content:http://www.prnewswire.com/news-releases/david-a-thompson-president-and-ceo-of-tec-equipment-inc-to-receive-2020-horatio-alger-award-300972345.html. The Thompson sons serve in distinct, complementary roles across many business facets. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. 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. 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. View David O. Thompson's profile on LinkedIn, the world's largest professional community. from 8 AM - 9 PM ET. 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. 2019 Opened Mack and Wabash dealership in San Diego, CA. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. 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. News, articles, and interesting stuff from the College of Business. We are thrilled to welcome David as a Member.". Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. For more information, please visit www.horatioalger.org. 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. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? 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. 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. Review this Movie. 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. Net worth is the amount by which assets exceed liabilities. 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. Alexandria, VA 22314. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. 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. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. by Sabine Bickford. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. "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%. However, there is an industry that might be most affected . After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. However, his family is the richest family in Canada with $35 billion combined fortune. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 1999 Acquired the Mack Los Angeles, CA franchise. 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. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. Center for Family Enterprise 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. . He then started Thompson Equipment Company, buying and selling used trucks. $1 Million - $5 Million. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. 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. Today, David is joined by his three sons . TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. It was always important to David that his children played an integral role in shaping the future of TEC. 99 Canal Center Plaza, Suite 320 David Thompsonfaced adversityfrom a youngage, butpersevered tobuildhis companytobecomeoneof the largest heavy-duty truck and trailer dealerships in thecountry, said Terrence J. 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