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Digital manufacturing startup Bright Machines to go public in $1.1B SPAC deal

Digital manufacturing startup Bright Machines to go public in $1.1B SPAC deal
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Automatated manufacturing startup Bright Machines to go public in $1.6B SPAC merger

Automatated manufacturing startup Bright Machines to go public in $1.6B SPAC merger
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U.S. factory orders beat expectations in December

U.S. factory orders beat expectations in December
Reuters
2/4/2021
© Reuters/Christopher Aluka Berry
Workers assemble built-in appliances at the Whirlpool manufacturing plant in Cleveland
WASHINGTON (Reuters) - New orders for U.S.-made goods rose more than expected in December and business spending on equipment was solid, pointing to continued strength in the manufacturing industry in the near term.
The Commerce Department said on Thursday that factory orders increased 1.1% after surging 1.3% in November. Economists polled by Reuters had forecast factory orders gaining 0.7% in December. Orders dropped 6.6% year-on-year.
Manufacturing, which accounts for 11.9% of the U.S. economy, has been driven by strong demand for goods such as electronics and furniture as 23.7% of the labor force works from home because of the COVID-19 pandemic. ....

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