Oregon business Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. We welcome all corrections and feedback using the button below. has been selected for membership in this prestigious organization. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. Over the years we have formed a strong Best Business Partner relationship which has benefited each other and enabled TEC Equipment to provide first class customer service throughout the corridor. TEC Equipment Expands to Three Midwestern States, Meet Julie Sandoval, Parts Manager Extraordinaire. Hehas been amember of theOregon State University Foundation Board of Trusteessince2013,andis an Emeritus Trustee of the Meridian Park Medical Foundations Board and a 2018 recipient ofitsPillar of Excellence Award. Earlier this year, through hard work, she finally reached that goal. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. She receives most of her income from her diverse, well-paying career. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. He was the first white man to explore the Columbia River from source to mouth. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Under Review. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. For more information about Horatio Alger Association and its Member Class of 2020, please visit www.horatioalger.organdfollow the organization on Facebook, Twitter and Instagram. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. Sep 1976 - Present46 years 6 months. 484-385-2913 (office) We are thrilled to welcome David as a Member.". 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. Net Worth is calculated using the formula given below. David Thompsonfaced adversityfrom a youngage, butpersevered tobuildhis companytobecomeoneof the largest heavy-duty truck and trailer dealerships in thecountry, said Terrence J. Giroux, executive director, Horatio Alger Association. He then started Thompson Equipment Company, buying and selling used trucks. 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. 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. ALL RIGHTS RESERVED. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. 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. 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 . 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. 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. West Palm Beach, Florida | February 3-6, 2023; . Net Worth in 2023: $16 million. 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. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. 306 people follow this. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. 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. As the West's leading full-service truck and trailer . The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. A consistent increase . When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. XDSL Tester CONTACT: 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. Home. TEC Equipment Jun 2010 - May 2013 3 years. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. 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. Full Profile. student programs at Portland State University. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. We are thrilled to welcome David as a Member.". Mr.Thompson joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. 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 David has a home, a car, and a portfolio of investments. 1976 David Thompson founded Thompson Equipment Company. David O graduated with a Bachelors degree in Business Administration from Oregon State University. mba Total Liabilities = $258.6 Bn. Your wish might as well come true. 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. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. 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. 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. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. At TEC, leadership positions are earned, not given. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. 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. David discovered his talents for acting in middle school when he was recommended to audition for a play. 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. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. CONTACT: Carly Buggy 484-385-2934 (office) [emailprotected]. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. KEY POINTS. 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. 2019 Opened Mack and Wabash dealership in San Diego, CA. 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. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. by Sabine Bickford. "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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. a UEFA A and B licensed coach working towards his professional licence. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. 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. 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. 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. 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. However, his family is the richest family in Canada with $35 billion combined fortune. Because it is not just a scholarship it comes with anetwork of Members that areexcited to mentor and guidethem. 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. 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. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. 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. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. 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. awards 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. 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 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. Over 1,000 Low Everyday Prices, now locked until Easter. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. After a few years of studying stand-up comedy . David A. Thompson founded TEC Equipment in 1976. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. He then started Thompson Equipment Company, buying and selling used trucks. 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. 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. 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, David is joined by his three sons, David O., Chris, and William. 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. Two years later. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. He currently resides in Shelby, North Carolina, USA. For more information, please visit www.horatioalger.org. TEC Equipment has grown to become the west's premier, multi-point, full-service truck dealership groups. "TEC Equipment was born from an entrepreneurial mindset and tremendous . 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. 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david thompson tec equipment net worth