Standard Industrial Classification Code

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Standard Industrial Classification Code

A four digit code used in business to classify the industry to which a company belongs. The SIC code was created by the U.S. government in 1937 to facilitate communication within and between businesses and industries. For the most part, the SIC was replaced by the six digit NAICS in 1997, but the SEC still uses the SIC. For example, an oil & gas exploration company might file with the SEC under the SIC code 1382.
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Since its acquisition by Ametek, the UK company Ametek Lloyd Instruments Ltd, tel:0148 948 6399, one of the world's leading specialists in materials testing has seen profitable growth accelerate in recent years.
The materials testing specialists, Lloyd Instruments Ltd of Forum House, 12 Barnes Wallis Road, Segensworth East, Fareham, Hampshire, tel:0148 948 6399 have added to the new LRXplus to their range of testing equipment for the food industry
At one point by mid-afternoon the FTSE-100 Index was up 103 points at a new high of 6399.