Jay Cashman


Jay Cashman, Inc. is a privately held multi-disciplinary construction and development company, founded and owned by Jay M. Cashman, who is also chairman of the board. It is a family-run company. Jay Cashman, Inc. offers a comprehensive portfolio of companies and services — spanning half a century — in the heavy civil and marine construction, dredging, renewables, prestressed concrete storage tanks, energy, project development, barge and equipment leasing, and mechanical construction industries.
The Jay Cashman, Inc. companies have executed some of the most difficult and complex projects all over the world, from offshore drilling, to the largest remediation dredging project in U.S. history — many of which have earned national recognition for their complexity and engineering significance.
The company is based in Quincy, Massachusetts, with satellite offices around the country., the company had approximately 1,000 employees. The company was one of the major contractors on Boston's Central Artery/Tunnel Project. In 2004, Jay Cashman, Inc. 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 hotel offers 140 rooms, a golf course and a day spa.
Jay Cashman, Inc. is also involved in the dredging business and other marine construction projects, and owns marine-equipment leasing company, Sterling Equipment. Jay Cashman, Inc. subsidiary, Patriot Renewables is the developer of a proposed wind farm in Buzzards Bay, 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.