Jay Cashman, Inc.
Corporate brand
UnclaimedA privately held, multi-disciplinary construction and development company specializing in heavy civil and marine construction, dredging, renewables, and energy infrastructure.
Last updated September 26, 2026
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Overview
Jay Cashman, Inc., commonly known as Cashman, is a privately held American construction and development company headquartered in Quincy, Massachusetts. Founded in 1965 by brothers Jay M. Cashman and Jamie Cashman as a snow removal business, the company has grown into a multi-disciplinary enterprise with a portfolio spanning heavy civil and marine construction, dredging, renewable energy, prestressed concrete storage tanks, energy project development, barge and equipment leasing, and mechanical construction. The company is owned and chaired by Jay M. Cashman, who remains the driving force behind its strategy and culture. Cashman operates through a family of companies and has executed complex projects worldwide, including offshore drilling and what it describes as the largest remediation dredging project in U.S. history. Its work has earned national recognition for engineering significance. The company emphasizes innovation, safety, quality, sustainability, and diversity as core values, and uses the trademarked slogan "Think Impossible" to reflect its problem-solving ethos. In recent years, Cashman has been active in dredging and marine infrastructure projects along the U.S. East Coast, including work in Jacksonville Harbor, Maryland, and Portland. The company is also involved in renewable energy and tax equity, positioning itself at the intersection of traditional heavy construction and emerging clean energy markets. As a private entity, it does not disclose detailed financial information, but its project portfolio and public announcements indicate a significant presence in the U.S. construction and marine services sector.
History
Jay Cashman, Inc. traces its origins to 1965, when teenage brothers Jay M. Cashman and Jamie Cashman started a snow removal company in Massachusetts. As Jay Cashman recalls, "It all began in 1965 when my brother Jamie and I started a snow removal company. We were two teenage boys armed only with shovels and determination." The venture quickly evolved into rubbish removal and masonry, laying the foundation for a construction enterprise. Over the following decades, the company expanded into increasingly complex heavy civil and marine construction, dredging, and related fields. It grew into a family of companies offering a comprehensive portfolio of services, including heavy civil and marine construction, dredging, renewables and tax equity, prestressed concrete storage tanks, energy, project development, barge and equipment leasing, and mechanical construction. The company has executed difficult projects worldwide, from offshore drilling to the largest remediation dredging project in U.S. history, earning national recognition for engineering significance. Under Jay M. Cashman's leadership as Founder and Chairman of the Board, the company has maintained a culture of innovation, encapsulated in its trademarked slogan "Think Impossible." The company remains privately held and is headquartered in Quincy, Massachusetts. In recent years, Cashman has been involved in major dredging and marine infrastructure projects along the U.S. East Coast, including Jacksonville Harbor, Maryland, and Portland, and has engaged with initiatives such as the Atlantic Resiliency Innovation Institute.
- 2025
Completed dredging project in Jacksonville; welcomed Atlantic Resiliency Innovation Institute to Quincy headquarters.
- 2023
Cashman Dredging awarded a $29.1M contract in Maryland.
- 1965
Founded by brothers Jay M. Cashman and Jamie Cashman as a snow removal company.
Products and positioning
A privately held, innovation-driven contractor and developer tackling complex heavy civil, marine, and energy infrastructure projects.
Heavy Civil & Marine Construction
Large-scale infrastructure projects including bridges, ports, and marine facilities.
Dredging
Environmental and navigational dredging, including remediation of contaminated sediments.
Renewables & Tax Equity
Development and financing of renewable energy projects.
Prestressed Concrete Storage Tanks
Design and construction of concrete tanks for LNG and other storage.
Energy Project Development
Development of energy infrastructure projects.
Barge & Equipment Leasing
Leasing of barges and heavy equipment for marine and construction projects.
Mechanical Construction
Mechanical systems installation for industrial and infrastructure projects.
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