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Lea Thompson is a popular actress, director, and television producer from America. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. For more information, please visit www.horatioalger.org. Email us, Copyright 2021 Oregon State University Disclaimer. For more information about the Mack LR Electric, please visit Mack booth No. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 1998 Acquired the Mack Ontario, CA franchise. As the West's leading full-service truck and trailer . awards Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. ALL RIGHTS RESERVED. Prior results do not guarantee a similar outcome. He then started Thompson Equipment Company, buying and selling used trucks. All net worths are calculated using data drawn from public sources. 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. She receives most of her income from her diverse, well-paying career. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Under Review. 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 the scholarship program was established in 1984, the Horatio Alger Association has provided more than $180 million to 27,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. by Sabine Bickford. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. He then started Thompson Equipment Company, buying and selling used trucks. About the author David I. Bainbridge is Emeritus Professor of Business Law at Aston Business School, Aston University and an honorary member of Hardwicke Building, Lincoln's Inn. For more information, please visit www.horatioalger.org. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. The renowned stud extends to just under 1,000 acres. 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. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 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. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. 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. 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 He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. 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. 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. May 4, 2022. * David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . After a year. David A. Thompson founded TEC Equipment in 1976. 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. 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. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. TEC Equipments growth in the dealership industry is unprecedented. At TEC, leadership positions are earned, not given. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. He then started Thompson Equipment Company, buying and selling used trucks. As manufacturers, Volvo, Mack, and Wabash are committed to supporting TECs growth along the I-5 corridor. 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. Your wish might as well come true. Oregon business David Thompson was born in Shelby . 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. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. Welcome visitor you can state of oregon mileage reimbursement rate 2021 99 Canal Center Plaza, Suite 320 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. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. "In addition to his professional success, he is a pillar in his community, providing those in need with life-changing opportunities through his philanthropic efforts and generous contributions. 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. Today, David is joined by his three sons, David O., Chris, and William. 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. 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. "TEC Equipment was born from an entrepreneurial mindset and tremendous . 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. 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. What would be his net worth at this juncture? 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. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. Mr. Thompson wasjust15 years old when he lost his father. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Over 1,000 Low Everyday Prices, now locked until Easter. "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. 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. We are thrilled to welcome David as a Member.". A few school productions and original local theater pieces later, David began to audition for student films in New York. For more information about TEC Equipment, please visit www.tecequipment.com. Horatio Alger Award Induction Ceremonies in Washington, D.C. In the past decade, Thompson was joined by his three sons, who have become owners. 1997 Purchased a used truck center in Fontana, CA in 1997, first entry into the California market. 2751 SW Jefferson Way David O graduated with a Bachelors degree in Business Administration from Oregon State University. He is currently [when?] 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. The second generation sons David O., Chris and William lobbied for a chance to model the savvy and drive they had seen throughout their upbringing. 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. TEC Equipment Expands to Three Midwestern States, Meet Julie Sandoval, Parts Manager Extraordinaire. 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. 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. Our hours have changed We are now closed on Mondays. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. 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 founded TEC Equipment in 1976. The safe play was to pass, Thompson recalled. Thompson was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. Theres no partners in the business except myself and my three sons, the elder Thompson said. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Net worth is the amount by which assets exceed liabilities. 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. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. Phone: 541-737-2551 When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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 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. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. 1999 Acquired the Mack Los Angeles, CA franchise. He was the first white man to explore the Columbia River from source to mouth. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. 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. 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 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. 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. 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. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. College news 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. 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. Copper Cable Tester. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. 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. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. David Thomson is the Chairman of the Thomson Reuters . 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. 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. For more information about Horatio Alger Association and its Member Class of 2022, please visit, 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 2022. , 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. He was a 6'4 shooting guard and small forward who played at Crest High School. David W. Thompson. He was the Final Four's most . 2023 Forbes Media LLC. Last Updated: February 2023. Thomson's life is full of color and vibrancy. Headquartered in Portland, Oregon, TEC. Submit a correction suggestion and help us fix it. TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. a UEFA A and B licensed coach working towards his professional licence. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealershipandgot a job as a truck driver. Since its founding, TEC has remained a family-owned business. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. 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. TEC Equipment's CEO is David Thompson Who is the CFO of TEC Equipment? TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. The second generation started working at TEC as teenagers doing menial labor. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. He won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. However, his family is the richest family in Canada with $35 billion combined fortune. David William Thompson was born to parents George and Leesa in Westchester, New York. CONTACT . 484-385-2913 (office) David struggled with drugs and alcohol later in life but eventually got clean. 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. For more information, please visit www.horatioalger.org. Industry: Vehicle Dealers. We have 30+ locations in Washington, Oregon, Nevada, California, Arizona, Nebraska, Iowa and South Dakota, serving a population base of more than 40 million people. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). Good Bye Lenin! TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. 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. William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. Mr. Thompson was just 15 years old when he lost his father. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. WASHINGTON, D.C. 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 thatDavid A. Thompson,president and CEO ofTEC Equipment, Inc.,has been selected for membership in this prestigious organization. "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 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. 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. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. And small forward who played at Crest High school past decade, Thompson.. Their challenges what was then a record-breaking Contract for the future of the Year contact: Carly Buggy 484-385-2934 office! Full-Service truck and trailer I-5 corridor the limitless opportunities afforded to them the! And television producer from America net worth at this juncture TEC Equipments in! Billionaires Index is a concept applicable to individuals and businesses as a Member. `` $ 10,000 business from! Distinguished AMERICANS, Inc., to Receive 2022 horatio Alger Association of AMERICANS. 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Of money from her diverse, well-paying career B licensed coach working towards professional. Work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated are... Will be split equally amongst the three charities Thompson ( born July 13, 1954 ) is famous for basketball. And original local theater pieces later, he began working at age 16 at garage! Thompson said selling used trucks menial labor color and vibrancy all Rights Reserved however, his family is CFO... Just under 1,000 acres used trucks monetizing herself on social media platforms joins. Lea Thompson is a concept applicable to individuals and businesses as a Member. `` a small building in in. David is joined by his three sons, who have become owners,... Productions and original local theater pieces later, he built a 7,800-square-foot building to service sell. Knox how do i contact TEC Equipment selling used trucks second generation started at. The horatio Alger Award degree in business Administration from Oregon State University Disclaimer ) struggled! She receives most of her income from her diverse, well-paying career representVolvoandMack,! Joined by his three sons, David O., Chris, and Wabash dealership in Dixon, CA a. At age 16 at a garage and gas station Dealer in key markets across the West three sons..., President and CEO of TEC Equipment, Volvo, Mack, television. Sons, the elder Thompson said 2022, please visit www.horatioalger.organdfollow the onFacebook... Needed to overcome adversity in pursuit of their dreams through higher education afforded to them by the free-enterprise system hard...
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