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Big Spoon Roasters, a Durham-based nut butter maker with distribution deals in Whole Foods, is set for a big expansion to Hillsborough. But the move is facing complications from rising prices.
Background: Founded in 2011 by Mark Overbay and his wife Megan, Big Spoon has gone from a staple at the Carrboro Farmers' Market to a shelf item at grocery stores across the country.
What's happening: Big Spoon needs a larger space to grow, but by the time the company got its business loan and started construction, its costs nearly doubled.
The company has turned to crowdfunding to help it fill in some of the gap, with hopes to raise $50,000 through the site Indiegogo.
The big picture: Small businesses across the U.S. are being hit by rising prices, from labor to materials. It’s making lives more complicated for entrepreneurs and changing business plans.
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