Jay Cashman, Inc. is a privately held multi-disciplinary construction and development company, founded and owned by Jay M. Cashman. It is one of the largest privately held contracting firms in the northeastern United States.[1] The company has moved offices several times within the Boston area and has offices in three states and India.[2] As of 2006[update], the company had approximately 1,000 employees. The company was one of the major contractors on Boston'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.[2][3]
 | |
| Company type | Private |
|---|---|
| Industry | Construction, Energy & Real Estate |
| Founded | 1969 |
| Headquarters | Quincy, Massachusetts |
Key people | Jay Cashman (Founder & Chairman of the Board) |
Number of employees | 1000 |
| Subsidiaries | Cashman Dredging & Marine Contracting Co. Patriot Renewables Preload International IPC Lydon Sterling Equipment & Kilkea Castle |
| Website | jaycashman |
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. [4]
The firm is also involved in the dredging business and other marine construction projects, and owns marine-equipment leasing company, Sterling Equipment. A subsidiary, Patriot Renewables, is the developer of a proposed wind farm in Buzzards Bay, South Coast Wind.[5]
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.[6]