Torsten Nilson

About Torsten Nilson

C-Level Global Manufacturing and Operations Executive with an impeccable record of building and turning around operations to quickly deliver impressive top- and bottom-line results. Innovative strategist who leverages business development and engineering skills to streamline processes, generate cost savings and optimize resources. Works cross-functionally and collaboratively across all levels of the organization to motivate and inspire employees to achieve and often exceed goals. Strong sales and negotiation skills that drive win-win results with partners and customers across diverse cultures. Industry experience in medical device, healthcare, chemicals, resins and electronic housing. Provides decisive leadership at the Board and senior executive level of a medical device enterprise.Key Accomplishments:• Strategic Execution: Developed and implemented medical device strategy that consolidated six operations into three, producing an annual cost savings of $180M.• Revenue Generation: Built OEM business from three contracts to 35 contracts in three years and increased revenues by 48% and EBITDA margin by 7%.• Global Leadership: Had multi-site P&L responsibility for $125M in revenues and 1,100 employees with facilities in the US, Mexico and China. • Business Transformation: Turned around company, taking it from a loss to 8% profit margin and grew revenues 100% from $23M to $46M in 18 months, with no increase in staff, by streamlining and restructuring operations, • New Business Launch: Launched injection molding business, growing annual revenues from zero to $18M in 18 months by starting a greenfield company and generating $85M in new orders

Experience

1. President

   Douglas Medical Products, Inc

   Apr 2024 — Present · Chicago, IL, US

   Douglas Medical Products is a Chicago, USA based Medical Device company registered with the FDA. Our Company objective is to offer our customers high quality, cost effective products. We service the Hospital Pharmacy, 503B Compounders, pharmaceutical markets. Our key products are Empty IV Mixing Containers made of Polyolefin and EVA materials. The company has a broad range of 510(k)’s and continues to submit additional 510(k)’s for new products. We continue to innovate and develop new products for our customers and patients needs.

Education

• The Faculty of Engineering at Lund University

  Master's Degree, MSCE Chemical Engineering

  1979 — 1984

• Lunds College

  Bachelor of Science (B.Sc.), Physical Science

  1978

Skills

• Lean Manufacturing
• Management
• Six Sigma
• Program Management
• Strategic Sourcing
• Gmp
• Injection Molding
• Product Development
• Plastics
• Business Development
• Leadership
• Process Improvement
• Iso 13485
• Drive Results
• Strategy
• Manufacturing
• R&D
• Medical Devices
• Cross-Functional Team Leadership
• Business Strategy
• Continuous Improvement
• Quality System
• P&L Management
• Quality Assurance
• Mergers & Acquisitions