In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. Mr.Thompson joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. TEC Equipment, headquartered in Portland, Oregon, and founded in 1976, is a retailer and maintenance service company for new and preowned Mack and Volvo brand heavy-duty trucks, medium-duty trucks, trailers, and auto transport vehicles. 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. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 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. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. If the liabilities are greater than assets, it implies a negative net worth. In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. 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 is from American. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. For more information, please visit www.horatioalger.org. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. Lea Thompson is a popular actress, director, and television producer from America. 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 . 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 values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. 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. "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. Four-time NBA All-Star who was selected first overall in the 1975 NBA Draft. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . 484-385-2913 (office) Enter the email address you signed up with and we'll email you a reset link. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. For more information, please visit, David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award. Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. 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. Mr.Thompson and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75thHoratio Alger Award Induction Ceremonies in Washington, D.C. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. . News, articles, and interesting stuff from the College of Business. He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. Hints and clues to help you with today's Wordle. ALL RIGHTS RESERVED. "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. David Thompson was born in Shelby . A few school productions and original local theater pieces later, David began to audition for student films in New York. At TEC, leadership positions are earned, not given. 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. After a year. 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. 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. David O. has 1 job listed on their profile. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. 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. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . 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. Thank you for subscribing to the Business Matters Newsletter. The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. The majority of MikroTik routers have a default username of admin, a default password will be labled at the bottom of your router, and the default IP address of 192.168. He then started Thompson Equipment Company, buying and selling used trucks. 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. Copper Cable Tester. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. 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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. For more information about TEC Equipment, please visit www.tecequipment.com. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. 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. He was a 6'4 shooting guard and small forward who played at Crest High School. Earlier this year, through hard work, she finally reached that goal. 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. 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. 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. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. CONTACT: David Thompson played his college basketball at NC State and his #44 was retired. West Palm Beach, Florida | February 3-6, 2023; . . David Thomson and his family control a media and publishing empire founded by his grandfather Roy Thomson. TEC Eurolab Srl. In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. 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