North Avenue Capital Loan Supports Weeks Honey Farms National Growth

Weeks Honey is one of only a few businesses in the U.S. which produces raw, unfiltered honey and serves as packers of the manufactured goods. The firm will use the loan proceeds primarily to modernize equipment and effectively manage honey inventories to meet the growing demand for their product across the nation. The capital infusion is also facilitating the formal transition of ownership to the next generation. Ray Crosby, now a third generation owner said, “My grandparents started this incredible company more than 50 years ago. They have continued the legacy of quality and integrity. I’m honored to carry on the torch to new markets, with new products, and the loan from NAC will allow us to do just that,” said Crosby.

NAC’s loans focus on lower middle market growth opportunities that will develop local economies outside of major metropolitan areas. Weeks Honey meets this requirement and remains a significant employer for a small town like Omega.