Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. 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. 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 was founded in 1976 by David Thompson. David Thompson is an iconic basketball player who has had a long and successful career. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? 2011 Opened a leasing and parts center in Tacoma, WA. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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 has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. 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. 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. Our hours have changed We are now closed on Mondays. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Equipment; Master Scuba Diver; Scuba Trips. In this third program of the Family Business Study Group Series, we heard from David Thompson, CEO of TEC Equipment, Inc., and each of his sons about how his focused strategy has yielded over 30 years of profitability, market share growth, and financial stability and the planning that has supported this growth. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. He's arguably N.C. State's greatest basketball player, playing from 1972-75. Also, the stud is home to four top-class stallions. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. 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. 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. David Thomson is the Chairman of the Thomson Reuters . 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. 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. 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 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. Founder & Chief Executive Officer at TEC Equipment . 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. It was always important to David that his children played an integral role in shaping the future of TEC. 1999 Acquired the Mack Los Angeles, CA 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. As of 2022, David Thompson's net worth is $1 million. Two years later. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. For more information about TEC Equipment, please visit www.tecequipment.com. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers 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. 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. Copper Cable Tester. Earlier this year, through hard work, she finally reached that goal. family business 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. 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. The Thompson sons serve in distinct, complementary roles across many business facets. 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. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. All net worths are calculated using data drawn from public sources. David Thompson, 62, grew up in Shelby and played high school ball at Crest. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . The safe play was to pass, Thompson recalled. Additionally, Mr.Thompson has madecontributions to severalstudent 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. 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. 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. CAUTION - Before you proceed, please note: By clicking accept you agree that our review of the information contained in your e-mail and any attachments will not create an attorney-client relationship, and will not prevent any lawyer in our firm from representing a party in any matter where that information is relevant, even if you submitted the information in good faith to retain us. We provide convenient access to multiple locations, premium products, parts and service. 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. 1996-2022 Davis Wright Tremaine LLP. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. Actor: Win Win. May 4, 2022. For more information about the Mack LR Electric, please visit Mack booth No. "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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. TEC Equipments growth in the dealership industry is unprecedented. Portland, Oregon Area. Since its founding, TEC has remained a family-owned business. XDSL Tester 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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. David A. Thompson founded TEC Equipment in 1976. He was the Final Four's most . 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. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. 1976 David Thompson founded Thompson Equipment Company. Education . Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. David Thomson has a net worth of $5.09 billion. David William Thompson was born to parents George and Leesa in Westchester, 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. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. 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. 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. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. 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 TEC Oakland site was purchased by TEC in 2005. About Us; Staff; Camps; Scuba. For more information about TEC Equipment, visit theirwebsite. David O. has 1 job listed on their profile. TEC Equipment raised a total of $5 M in funding over 1 rounds. 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. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Fiber and Copper Multi Tester. Net worth can be computed using the following formula: Net Worth = Assets - Liabilities If a person or company owns assets that are greater than liabilities, it is said to show a positive net worth. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 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 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. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. 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. Review this Movie. Today, David is joined by his three sons . Center for Family Enterprise Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 1976 David Thompson founded Thompson Equipment Company. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. His home is worth $120,000. Swathi Veldandi Design Studio. 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. 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