The design and performance of a cryogenic buffer gas beam (CBGB) source with a load-lock system is presented. The ACME III electron electric dipole moment (eEDM) search experiment uses this source to produce a beam of cold, slow thorium monoxide (ThO) molecules. A key feature of the apparatus is its capability to replace ablation targets without interrupting vacuum or cryogenic conditions, increasing the average signal in the eEDM search. The source produces approximately ground-state ThO molecules per pulse, with a rotational temperature of K, molecular beam solid angle of sr, and forward velocity of m/s. These parameters match the performance of traditional sources that require time-consuming thermal cycles for target replacement. A long-term yield improvement of about 40% is achieved when the load-lock system is used to replace targets biweekly.