Redwater Alberta

In addition to the farming industry that surrounds the town, numerous large industrial sites are located nearby in Alberta's Industrial Heartland.

1. Agrium Inc, a Calgary-based fertilizer plant, has a large operation about 10 kilometres (6.2 mi) south of Redwater. 
2. Degussa AG, a Germany-based chemicals producer, has a large operation near the Agrium plant.
3. Williams Energy has a petrochemical plant south of the Degussa operation.
4. Shell Scotford has a multi-billion dollar upgrader and refinery operation (part of the Athabasca Oil Sands development project) about 30 kilometres (19 mi) from Redwater on the south side of the North Saskatchewan River.

These industries have spawned an array of offshoot businesses such as shipping, oilfield services, heavy equipment, and other support services.

In 2005, there were several announcements to the media indicating further petrochemical and oilsands upgraders were planned for the area. As of March 2006, pre-construction had begun on two separate large scale industrial projects.