Jay Cashman
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Jay Cashman, Inc. is a privately held multi-disciplinary
construction Construction are processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the a ...
and
development Development or developing may refer to: Arts *Development (music), the process by which thematic material is reshaped * Photographic development *Filmmaking, development phase, including finance and budgeting * Development hell, when a proje ...
company, founded and owned by Jay M. Cashman. It is one of the largest privately held contracting firms in the northeastern United States. The company has moved offices several times within the Boston area and has offices in three states and India. , the company had approximately 1,000 employees. The company was one of the major contractors on
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
's Central Artery/Tunnel Project. In 2004, the company took over financial management of a competing firm, Modern Continental Construction, at the request of Modern Continental's bondholders; the company does not, however, have an ownership stake in Modern Continental. In 2011, Jay Cashman, Inc. purchased Kilkea Castle, one of the oldest inhabited castles in Ireland, just one hour from Dublin. Following a renovation, the hotel reopened in 2017. The firm is also involved in the
dredging Dredging is the excavation of material from a water environment. Possible reasons for dredging include improving existing water features; reshaping land and water features to alter drainage, navigability, and commercial use; constructing d ...
business and other marine construction projects, and owns marine-equipment
leasing A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial ...
company, Sterling Equipment. A subsidiary, Patriot Renewables, is the developer of a proposed wind farm in
Buzzards Bay Buzzards Bay is a bay of the Atlantic Ocean adjacent to the U.S. state of Massachusetts. It is approximately 28 miles (45 kilometers) long by 8 miles (12 kilometers) wide. It is a popular destination for fishing, boating, and tourism. Buzzards ...
, South Coast Wind. Jay Cashman, the company's founder and chairman of the board is a 1975 graduate of the Boston University School of Management. He received the school's Alumni Award for Distinguished Service in 2004.''Bostonia'': BU Alumni Web


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{{DEFAULTSORT:Cashman, Jay Companies based in Massachusetts Boston University School of Management alumni American chief executives