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. The company has moved offices several times within the Boston area and has offices in three states and India. As of 2006, 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.