Magnum Corporation & Vernet S.A.

Vernet's parent company, The Magnum Corporation, also owns and operates the Ollainville, France based company Vernet S.A., a leading supplier of thermostats, thermal switches, wax actuators and temperature mixing valves in Europe. Vernet, which also has operations in Cinq-Mars-La-Pile, France; Los Toldos and Buenos Aires, Agentina; and Zhuhai, China, serves the automotive, diesel, heating/cooling and sanitary industries.