Tullamore has traditionally been an important industrial, retail and services centre for County Offaly. When the Grand Canal opened in the late 18th century, it offered increased connectivity to the town and offered an increased market for goods produced in the area. Tullamore Dew, a brand of Irish Whiskey was first distilled in the town in 1829. Tullamore was connected to the national railway network in 1854 by the Great Southern and Western Railway company, now Iarnród Éireann. Tullamore is also located near the boglands of the Bog of Allen. This provided employment through the work of Bord na Mona. Agriculture is also important to the local economy.