Nisku Business Park was established in
the 1970s. It immediately became a
booming centre and was reputed as being
the world’s largest energy park. The
National Energy Program of the early
1980s and the accompanying drop in oil
prices, however, brought a severe
economic downturn in the development of
Nisku Business Park, which at the time
was comprised mainly of oil and gas
companies and related industries. Since
1985 however, Nisku Business Park has
experienced steady growth; most recently
that growth has turned into economic
boom with many new and expanding
companies competing for available space.
Today, Nisku Business Park is home to
over 400 companies and is a vibrant
centre of diversified industry. While
energy sector companies remain an
important part of Nisku, manufacturing
and service industries have increased in
number, creating new types of employment
and giving the park a broader industrial
base. It is estimated that between eight
and ten thousand people work in Nisku
Business Park, while twelve to
fourteen thousand, inclusive of those
in the field, are
paid by Nisku based companies.
Many
Nisku companies are doing business
globally and are actively developing new
products through research and
development. Energy, manufacturing and
service industries in Nisku compliment
each other on a daily basis. The economic diversity and stability of
Nisku Business Park, achieved in the
1990s, will carry the Park well in the
21st century and beyond.
*Nisku Business Park is located in Leduc
County. For questions regarding
planning and development, permits,
taxation, or water service in Nisku
Business Park, please contact the County
office at 955-3555.
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