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. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. David Thompson played his college basketball at NC State and his #44 was retired. However, there is an industry that might be most affected . He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. $1 Million - $5 Million. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. For more information, please visit, David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award. And the portfolio of investments is $50,000. Amid stock market weakness and global economic certainty, Forbes said the total wealth of its billionaires list declined about US$400 billion from 2018 to US$8.7 trillion. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. 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. David W. Thompson. 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. 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. 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. Net Worth is calculated using the formula given below. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. Mr. Thompson was just 15 years old when he lost his father. 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. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. 2023 Celebrity Net Worth / All Rights Reserved. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. When not buried in data, William takes to the sky, flying following in his fathers footsteps in more ways than one, having obtained his pilots license and enjoying flying planes. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . . 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. 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. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Today, David is joined by his three sons . CONTACT: Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. . After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. He was the NBA All-Star Game MVP and a four time All-Star and was two time All-NBA First Team. steve thompson bethel . All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. All Rights Reserved. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars., 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. 2751 SW Jefferson Way CONTACT . Uponcompletion 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. The renowned stud extends to just under 1,000 acres. Outside of work, he enjoys skiing, traveling, boating and cycling. The Thompson sons serve in distinct, complementary roles across many business facets. 306 people follow this. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. David Thompson founded TEC Equipment in 1976. 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. 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 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 . 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. 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. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. 2014 Thomson Reuters sales reach $12.6 billion for the year. A few school productions and original local theater pieces later, David began to audition for student films in New York. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Welcome visitor you can state of oregon mileage reimbursement rate 2021 After a few years of studying stand-up comedy . 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. TEC Equipment Profile and History . On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. 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. Fiber and Copper Multi Tester. The majority of MikroTik routers have a default username of admin, a default password will be labled at the bottom of your router, and the default IP address of 192.168. 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. TEC Equipment has grown to become the west's premier, multi-point, full-service truck dealership groups. 99 Canal Center Plaza, Suite 320 He is from American. 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 . TEC Equipment. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. corporate partners 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. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. 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 is now joined by his three sons, David O, Chris and William. 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. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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. Sep 1976 - Present46 years 6 months. from 8 AM - 9 PM ET. TEC Equipment was founded in 1976 by David Thompson. It is the route many of our original customers traveled and on which they continue to operate today. 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. 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. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. "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. Description: TEC Equipment was founded in 1976 by David Thompson. He was the first white man to explore the Columbia River from source to mouth. 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. For more information about TEC Equipment, visit theirwebsite. 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. 1. In 2008, he became the chairman of the merged entity, Thomson Reuters. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. David A. Thompson founded TEC Equipment in 1976. All net worths are calculated using data drawn from public sources. Your wish might as well come true. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Find low prices. Last Updated: February 2023. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. Net Worth in 2023: $16 million. * Home. After a year. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. David discovered his talents for acting in middle school when he was recommended to audition for a play. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. As of 2022, David Thompson's net worth is $1 million. Prior results do not guarantee a similar outcome. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 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. For more information, please visit www.horatioalger.org. News, articles, and interesting stuff from the College of Business. 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. Attorney Advertising. Thomson's life is full of color and vibrancy. "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. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? We are thrilled to welcome David as a Member.". 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. Under Review. Sign up for our newsletter for updates on new parts specials, job offers, and more. a UEFA A and B licensed coach working towards his professional licence. Mr. Thompson wasjust15 years old when he lost his father. 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. For more information about the Mack LR Electric, please visit Mack booth No. 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. 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