A negative net worth suggests there are parts of your financial life you. In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. Welcome visitor you can state of oregon mileage reimbursement rate 2021 In calculating net worth, Bloomberg . Portland, Oregon Area. Estate estimated net worth: US$400-500 million Estimated net worth at time of his death: US$20 million (technically his net worth was US$5 million at the time, before inflation. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Founded: 1976. Keeping low prices, low. 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. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. 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. 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. 750 NE Columbia Blvd, Portland, Oregon, 97211, United States. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? 1999 Acquired the Mack Los Angeles, CA franchise. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. CONTACT: Carly Buggy 484-385-2934 (office) [email protected]. 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. Net Worth in 2023: $16 million. 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 The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. 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. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. Fiber and Copper Multi Tester. Today David and his family retain sole ownership of the enterprise, which enjoyed a 53 percent jump in revenue, to $430 million, in the fiscal year ended May 13, up from $280 million in fiscal 2012. A consistent increase . That perceived safety was incongruent with our family values and ideals, Thompson said. 1998 Acquired the Mack Ontario, CA franchise. Our hours have changed We are now closed on Mondays. From a single operator, TEC Equipment, Inc., has grown to one of Oregon's largest private employers and the West's premier leading truck and trailer dealership group. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. David Thompson was born in Shelby . 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. What About David Thompson Net Worth and Salary in 2023? To play a pull fade hes normally trying to hit a rope draw with his 48-inch driver Berkshire adds strips of lead tape to the toe in TEC Equipment has focused its growth strategy along the Interstate 5 corridor. 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 . 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. He worked through his entire bag which was fun. All rights reserved. Sep 1976 - Present46 years 6 months. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. Thomson is the co-chairman of Woodbridge, the . The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? 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. Carly Buggy In 2020, he was listed as the wealthiest person in Canada. CONTACT: Carly Buggy 484-385-2913 (office) [email protected]. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . Mr. Thompson and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rd Horatio Alger Award Induction Ceremonies in Washington, D.C. 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 also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 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. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. 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 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. student programs at Portland State University. 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. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. The Thompson sons serve in distinct, complementary roles across many business facets. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. 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. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. 1. 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 has a home, a car, and a portfolio of investments. 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. Sign up for our newsletter for updates on new parts specials, job offers, and more. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. 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. Horatio Alger Award Induction Ceremonies in Washington, D.C. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. "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. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. 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. David Thompson founded TEC Equipment in 1976. 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. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. For more information, please visitwww.horatioalger.org. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. 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. 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. He then started Thompson Equipment Company, buying and selling used trucks. 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. Under Review. . 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. David Thompson, 62, grew up in Shelby and played high school ball at Crest. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Reflects change since 5 pm ET of prior trading day. The safe play was to pass, Thompson recalled. 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. College news 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. 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