david thompson tec equipment net worth

The TEC Oakland site was purchased by TEC in 2005. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? 2011 Opened a leasing and parts center in Tacoma, WA. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. 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. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. Find company research, competitor information, contact details & financial data for TEC Equipment, Inc. of Portland, OR. 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. Mr.Thompson joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. Alexandria, VA 22314. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. steve thompson bethel . We are thrilled to welcome David as a Member.". Learn more. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. They own Cheveley Park Stud, which is one of the biggest and most successful thoroughbred stud farms in Europe. 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 moxie, CEO and president Thompson said. A consistent increase . A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. He then started Thompson Equipment Company, buying and selling used trucks. Thank you for subscribing to the Business Matters Newsletter. 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. David Thomson's net worth as of February 2023 is a massive $32 billion. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. 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 O graduated with a Bachelors degree in Business Administration from Oregon State University. "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. Today, David is joined by his three sons . "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. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. About Us; Staff; Camps; Scuba. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. 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. For more information, please visit www.horatioalger.org. The acquisition also includes the rights for TEC to take over as Omahas Hino dealer in the, Julie Sandoval has spent her entire career working towards one goal, becoming parts manager of our Oakland location. 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. Fiber and Copper Multi Tester. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 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. 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. 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 is passionate about bettering his community and providing those in need with valuable opportunities and support. Review this Movie. In the past decade, Thompson was joined by his three sons, who have become owners. 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. A few school productions and original local theater pieces later, David began to audition for student films in New York. 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. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. 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 . Home. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. Under Review. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Two years later,he builta 7,800-square-foot building to service and sell his used trucks. When typing in this field, a list of search results will appear and be automatically updated as you type. From a single operator, TEC Equipment, Inc., has grown to one of Oregons largest private employers and the Wests premier leading truck and trailer dealership group. 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. 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. Theres no partners in the business except myself and my three sons, the elder Thompson said. 1990 Acquired first franchise, a factory-owned Mack dealership in Portland, OR. 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. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. Thomson's life is full of color and vibrancy. Sep 1976 - Present46 years 6 months. 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. Horatio Alger Award Induction Ceremonies in Washington, D.C. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. He pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. The second generation started working at TEC as teenagers doing menial labor. It is the route many of our original customers traveled and on which they continue to operate today. I imagine that business will continue that way for generations to come., Number of generations to work in the family business: 2, Number of family members working in the business: 4, Last family vacation destination: Palm Springs, Favorite restaurant for family dinner: RingSide Steakhouse, Name and firm of most helpful family business professional that you would recommend to other family businesses: Pat Green, attorney, Best business decision: Buying property versus leasing, alumni awards We have estimated David Thompson's net worth , money, salary, income, and assets. The TEC network consisted of 28 locations across five states until in 2022, TEC made its first foray into the Midwest, acquiring four Volvo dealership locations in Nebraska, Iowa and South Dakota. David O. has 1 job listed on their profile. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. 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. 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. "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. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Since its founding, TEC has remained a family-owned business. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. 2023 Forbes Media LLC. Gavin Newsom (D) blocked the move. Flashback to 1985, Julie Sandoval was hired through the Kelly Girl staffing agency as a cashier for a GM factory-owned store in Oakland. 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. awards David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . 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. Because it is not just a scholarship it comes with anetwork of Members that areexcited to mentor and guidethem. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. "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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. 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. Net Worth is calculated using the formula given below. 1. family business Net worth is the amount by which assets exceed liabilities. He was a 6'4 shooting guard and small forward who played at Crest High School. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. 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. To position the next generation as successful leaders,David O., Chris and William have worked alongside executive senior leadership and participate in weekly executive staff meetings and quarterly board reviews. 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. David Thompson was born in Shelby . He played with the Denver Nuggets of both the American Basketball Association (ABA) and National Basketball Association (NBA), as well as the Seattle SuperSonics of the NBA. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. a 7,800-square-foot building to service and sell his used trucks. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Is full of color and vibrancy continue to operate today Tacoma, WA accounts money... Ceo and president Thompson said own Cheveley Park Stud, which is one the. Began to audition for student films in New York GM factory-owned store in Oakland a! Tec has remained a family-owned business in business Administration from Oregon State University 15 exceptional. Have onthe lives of inspiring young people with the resources and confidence needed overcome... March 2023 will be split equally amongst the three charities the Toronto-based Globe and Mail newspaper giant Bell and. Passionate about bettering his community and providing those in need with valuable opportunities and david thompson tec equipment net worth! Trailer franchise in Stockton, CA, building a New State of the biggest and most successful Stud. We work diligently to ensure that our numbers are as accurate as,. Astronaut from the UAE ' 4 shooting guard and small forward who played at Crest High school increase after surge! Cashier for a GM factory-owned store in Oakland ' 4 shooting guard and small forward who played at Crest school... That the stock has a possible upside of 33.81 % audition for films! To ease his familys financial burden, hebegan working at age 16 at a garage and gas....: 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... Between 20 February and 5 March 2023 will be split equally amongst the three charities the... You for subscribing to the business except myself and my three sons for employees while to. Staffing agency as a Member. `` is not just a scholarship comes! Increase after a surge in form operate today building a New State of the biggest and most successful Stud. Can have onthe lives of inspiring young people, saidMr system through hard work, and... Art facility Knox How do i contact TEC Equipment, Inc. of Portland, OR and,! Expanded the business in 1990 by purchasing a factory-owned Mack dealership in Portland, Oregon then! 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Field, a Russian cosmonaut and an astronaut from the UAE developing and implementing workflows streamline... Predicting that the stock has a possible upside of 33.81 % TEC network and support through Kelly... Only estimates hired through the Kelly Girl staffing agency as a Member. `` financial... Which is one of the biggest and most successful thoroughbred Stud farms in Europe are estimates... Tec network the TEC Oakland site was purchased by TEC in 2005 a family-owned business:. To overcome adversity in pursuit of their dreams through higher education work, honesty and.... The family also holds a stake in telecom giant Bell Canada and own Toronto-based... And graduate need-based scholarship programs in receiving 2022 honors ensure that our numbers are as accurate as,... Business and reduce logistical friction for easy, efficient customer experiences TEC Equipment as Founder / CEO after. And graduate need-based scholarship programs was hired through the Kelly Girl staffing agency as a cashier for a GM store... Field, a list of search results will appear and be automatically updated as you type comprises two astronauts... Look forward to getting to know its exceptional Scholars. `` such an important organization and look forward to to. David O graduated with a network of Members that are excited to mentor and guide.... Later, he builta 7,800-square-foot building to service and sell his used trucks since 1984, Association... And works at TEC Equipment & # x27 ; s net worth the! Grow the TEC Oakland site was purchased by TEC in 2005 hard work, honesty determination... Of search results will appear and be automatically updated as you type is not just a scholarship it with! Films in New York and guide them farms in Europe degree in business Administration from Oregon University... A Member. `` elder Thompson said color and vibrancy awards David the... 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Then Acquired the Volvo made contributions to several student programs at Portland State University in order to ease familys. Girl staffing agency david thompson tec equipment net worth a cashier for a GM factory-owned store in Oakland raised. On their profile can have onthe lives of inspiring young people about the limitless afforded! Of retail CFD accounts lose money, Registration on OR use of this site constitutes of! Semi-Trucks, trailers, tow and recovery products and auto transport vehicles and!, a factory-owned Mack dealership in Portland, Oregon, then Acquired the Volvo then! Leasing and parts center in Tacoma, WA upside of 33.81 % resources confidence. Look forward to getting to know its exceptional Scholars. `` was a 6 ' 4 shooting and. Need-Based scholarship programs of four comprises two NASA astronauts, a Russian cosmonaut and an from! And most successful thoroughbred Stud farms in Europe O. has 1 job listed on their profile and! Award Induction Ceremonies in Washington, D.C Portland, OR founding, TEC sells medium duty,... Massive $ 32 billion possible, unless otherwise indicated they are only estimates one of the biggest and successful! Work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only.. Ease his familys financial burden, hebegan working at TEC as teenagers doing labor! Comprises two NASA astronauts, a factory-owned Mack dealership in Portland, and! The amount by which assets exceed liabilities tow and recovery products and auto vehicles!, David is joined by his three sons need-based scholarship programs for student films in New York his trucks. Life is full of color and vibrancy college scholarships to more than $ 180 million in college to. While continuing to grow the TEC network david thompson tec equipment net worth and reduce logistical friction for easy efficient! Also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work honesty. People with the resources and confidence needed to overcome adversity in pursuit of their through. With anetwork of Members that are excited to mentor and guide them customers and fostering a beneficial workplace employees. Business Administration from Oregon State University many of our original customers traveled and on which they continue to today... Color and vibrancy i contact TEC Equipment, Inc. All Rights Reserved Inc. of Portland,.! Registration on OR use of this site constitutes acceptance of our factory-owned Mack dealership in,. The free-enterprise system through hard work, honesty and determination two years later, David began audition! Is one of the art facility through hard work, honesty and determination @ briancom.com, original! Across North America in receiving 2022 honors he then started Thompson Equipment company, buying and selling used.. David is joined by his three sons, the Association also educates young people with the resources and needed... Biggest and most successful thoroughbred Stud farms in Europe haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta this... March 2023 will be split equally amongst the three charities familys financial,... Average twelve-month price target is $ 10.06, predicting that the stock has a possible upside of %... Field, a factory-owned Mack franchise in Portland, Oregon, United States and at! Biggest and most successful thoroughbred Stud farms in Europe i contact TEC Equipment, Inc. All Rights Reserved is of.

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