The center is part of a broader effort unfolding across the Great Lakes region to regain lost prosperity by developing a "blue economy" a network of industries that develop products and services related to water, from pump and valve manufacturers to resorts offering vacations along redeveloped lakeshores.
Tyco (NYSE:TYC) spun off its ADT Corp. (NYSE: ADT) alarm security business as a separate public company on October 2 after selling its pipe and valve business earlier this year to pump maker Pentair.