It forms part of the nation's industrial heartland and now, thanks to the largest ever award to Scotland from the Big Lottery Fund (BIG), it will be transformed into a £49m eco-park to be completed over the next five years.
The Falkirk and Grangemouth-based Helix project which features 100ft tall horse sculptures which are expected to become a major national landmark, was awarded £25m of funding as part of BIG's Living Landmarks programme.
It signalled the launch of the environmental project to transform the landscape with work now expected to begin as early as next year.
But it was the horse head sculptures which stole the limelight when the lottery award was announced at Falkirk Stadium yesterday.
Weighing several tons, the kelpie heads Helix centrepiece - designed by Glasgow-based sculptor Andy Scott - will be part of a boatlift at the eastern entrance to the Forth and Clyde Canal.
Kelpies are mythical creatures which were said to have haunted the waters of Scotland's lochs but the artist said he was inspired by the role of the heavy horse throughout Scottish history.
It is not just a work of art. The heads have been designed to rock back and forth slowly to displace water from a lock chamber, allowing boats to move to and from Scotland's lowland canal network.