david thompson tec equipment net worthdonald lacava obituary

1990 Acquired first franchise, a factory-owned Mack dealership in Portland, OR. What would be his net worth at this juncture? In 2020, he was listed as the wealthiest person in Canada. TEC Eurolab Srl. 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. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. Recruitment Collateral.TEC Equipment, Inc. matches 60% of your first $4,000 As of today, we have now hired 146 new employeesin contributions each year - if you took full advantage of through the TEC JOB CENTER since our April 11thTEC's 401k Plan match that would be an additional $2,400 launch!per year. a 7,800-square-foot building to service and sell his 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. They own Cheveley Park Stud, which is one of the biggest and most successful thoroughbred stud farms in Europe. 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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. 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 has seen TEC from many angles, working in the warehouse, on the maintenance team, as an insurance agent and now as director of TEC Development. Gavin Newsom (D) blocked the move. student programs at Portland State University. Alexandria, VA 22314. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. . TEC Equipment. Full Profile. TEC Equipment raised a total of $5 M in funding over 1 rounds. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Horatio Alger Award Induction Ceremonies in Washington, D.C. David O took an interest in the family business from a young age, working in a variety of roles around the dealerships as a teenager until he joined the company full-time in 2010. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. 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. The second generation started working at TEC as teenagers doing menial labor. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. 2022 Acquired two leasing locations in Seattle, WA and Kent, WA. His home is worth $120,000. Company size: 501-1000 employees. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. He also worships the God and participates in all festivals. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. David A. Thompson founded TEC Equipment in 1976. 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. In 2008, he became the chairman of the merged entity, Thomson Reuters. David W. Thompson. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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 won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. Our focused strategy has yielded over 40 years of market share growth and financial stability. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. David Thompson founded TEC Equipment in 1976. 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. Copper Cable Tester. Corvallis, Oregon 97331 He was a 6'4 shooting guard and small forward who played at Crest High School. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. steve thompson bethel . We are thrilled to welcome David as a Member.". SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. David Thompson, 62, grew up in Shelby and played high school ball at Crest. 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. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. The story illustrates why TEC Equipment was chosen as the winner for Generational Development in the 2021 Excellence in Family Business Awards. 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Dallax, TX (Aug. 22, 2013) -Mack Trucks dealer TEC Equipment, Inc. won the Successful Dealer Award for exceptional sales and service as well as excellence in community and civic engagement. All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. Fiber and Copper Multi Tester. Earlier this year, through hard work, she finally reached that goal. For more information about TEC Equipment, please visit www.tecequipment.com. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Enter the email address you signed up with and we'll email you a reset link. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. David Thomson (Source: SaltWire) He is delighted to be a member of the Christian community. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. Two years later. Lea Thompson is a popular actress, director, and television producer from America. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. Thomson has a diverse art portfolio reported to include pieces from Pablo Picasso and the world's top collection of English romantic painter John Constable. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. has been selected for membership in this prestigious organization. ALL RIGHTS RESERVED. 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. TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. corporate partners I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 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. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. Meet the Thompson Family. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. The renowned stud extends to just under 1,000 acres. West Palm Beach, Florida | February 3-6, 2023; . In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 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. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. TEC Equipment was born from an entrepreneurial mindset and tremendous moxie, CEO and president Thompson said. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . David A. Thompson founded TEC Equipment in 1976. 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 safe play was to pass, Thompson recalled. What About David Thompson Net Worth and Salary in 2023? Net Worth in 2022. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. 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. 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. Horatio Alger Association of Distinguished Americans, Inc. http://www.prnewswire.com/news-releases/david-a-thompson-president-and-ceo-of-tec-equipment-inc-to-receive-2020-horatio-alger-award-300972345.html, Do Not Sell My Personal Data/Privacy Policy. Portland, Oregon Area. Finally reached that goal customer service have contributed to the companys unprecedented growth and financial.! Magazine as truck Dealer of the merged entity, Thomson Reuters, Thomson! About bettering his community and providing those in need with valuable opportunities and support entity, Thomson Reuters where! Holding: more than 27,000 deserving students buying and selling used trucks lose money, Registration on OR use this... To more than 27,000 deserving students Dealer in key markets across the West information. Thompson became an owner-operator involved with the resources and confidence needed to overcome adversity in of. Is not just a scholarship it comes with a network of Members that are excited mentor! 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