Alexandria, VA 22314. 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 . David Thomson's net worth as of February 2023 is a massive $32 billion. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. For more information, please visit www.horatioalger.org. 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. 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. He also worships the God and participates in all festivals. Covering more than 2,000 miles of I-5, TEC Equipment is the only dealership group to offer this footprint, providing seamless service, reliable pricing, discounted fuel, and extended hours. College news Center for Family Enterprise But coasting on the confidence of what had previously been built is not the TEC way. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. A consistent increase . david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . When typing in this field, a list of search results will appear and be automatically updated as you type. It was always important to David that his children played an integral role in shaping the future of TEC. Enter the email address you signed up with and we'll email you a reset link. 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. "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. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. Copper Cable Tester. The median net worth for the 35-44 group, $91,300, is still more than 16% below the pre-Recession median net worth of $109,430 in 2007. The Thompson sons serve in distinct, complementary roles across many business facets. 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. 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. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. 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. 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. 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 Thompson, (born April 30, 1770, London, Eng.died Feb. 10, 1857, Longeuil, Lower Canada [now Quebec]), English explorer, geographer, and fur trader in the western parts of what are now Canada and the United States. David Thompson is the Founder & Chief Executive Officer at TEC Equipment based in Portland, Oregon. View David O. Thompson's profile on LinkedIn, the world's largest professional community. 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. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. 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. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . 1997 Purchased a used truck center in Fontana, CA in 1997, first entry into the California market. In 2008, he became the chairman of the merged entity, Thomson Reuters. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. 1998 Acquired the Mack Ontario, CA franchise. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo franchise four years later. She receives most of her income from her diverse, well-paying career. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. 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. 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. "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. 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 . 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 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. 306 people follow this. News, articles, and interesting stuff from the College of Business. 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. 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. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. 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. 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. 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. 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. 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. As of 2022, David Thompson's net worth is $1 million. TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. 1976 David Thompson founded Thompson Equipment Company. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and California (except Sacramento), making TEC the largest multi-point Volvo, Mack, and GMC Truck dealership group in the United States, and 5th largest of all U.S. truck dealers. 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 focused strategy has yielded over 40 years of market share growth and financial stability. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. Thomson's life is full of color and vibrancy. 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. 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. Industry: Vehicle Dealers. 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. Prior results do not guarantee a similar outcome. 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. Submit a correction suggestion and help us fix it. Net Worth in 2022. a 7,800-square-foot building to service and sell his used trucks. 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. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Mr. Thompson was just 15 years old when he lost his father. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. from 8 AM - 9 PM ET. Founder & Chief Executive Officer at TEC Equipment . XDSL Tester 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. CONTACT . Outside of work, he enjoys skiing, traveling, boating and cycling. 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