david thompson tec equipment net worth

2014 Thomson Reuters sales reach $12.6 billion for the year. When typing in this field, a list of search results will appear and be automatically updated as you type. TEC Equipments growth in the dealership industry is unprecedented. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. . 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. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. 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. David Thomson, chairman of media and publishing group Thomson Reuters Corp., is again the wealthiest Canadian and ranks 27th globally with a net worth of US$32.5 billion. 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. David Thompson's income source is mostly from being a successful Player. David A. Thompson founded TEC Equipment in 1976. Thomson's life is full of color and vibrancy. 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. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. Benzinga does not provide investment advice. After a few years of studying stand-up comedy . Copper Cable Tester. Net Worth is calculated using the formula given below. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. 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. After a year. David discovered his talents for acting in middle school when he was recommended to audition for a play. 306 people follow this. 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. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. from 8 AM - 9 PM ET. Ikkat Pure Silk Pochampally Lehanga Designs Online David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. 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 . The safe play was to pass, Thompson recalled. David Thompson, 62, grew up in Shelby and played high school ball at Crest. "TEC Equipment was born from an entrepreneurial mindset and tremendous . 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. In addition to new and used truck and trailer sales, parts, and service, our dealerships provide truck leasing and rental, financing, insurance, and auto transport equipment sales and service. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. At TEC, leadership positions are earned, not given. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. We are thrilled to welcome David as a Member.". Gavin Newsom (D) blocked the move. 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. 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. Founded: 1976. 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. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. 2019 Opened Mack and Wabash dealership in San Diego, CA. 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. Thomson is the co-chairman of Woodbridge, the . For more information, please visitwww.horatioalger.org. ALL RIGHTS RESERVED. 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. Email us, Copyright 2021 Oregon State University Disclaimer. He is from American. 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 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 William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. Through tremendous hard work and the support of many, weve been fortunate to see a phenomenal return, Thompson said. View David O. Thompson's profile on LinkedIn, the world's largest professional community. "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. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. 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 . Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. He was the first white man to explore the Columbia River from source to mouth. For more information, please visit, David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. 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. We provide convenient access to multiple locations, premium products, parts and service. 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. Horatio Alger Association of Distinguished Americans, Inc. Frederic B. Luddy, Founder of ServiceNow, to Receive 2023 Horatio Alger Award, Michele Y. Kang, Owner of the Washington Spirit, Founder and CEO of Cognosante, to Receive 2023 Horatio Alger Award. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. David A. Thompson founded TEC Equipment in 1976. It was always important to David that his children played an integral role in shaping the future of TEC. Real Time Net Worth. 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. steve thompson bethel . 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. His work experience at TEC has focused on the fixed operations side, centering on the logistics side of the business before moving into his current role as leasing PMO lead. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. 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. Salary in 2022. Today, David is joined by his three sons . 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. 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. Swathi Veldandi Design Studio. 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