Notorious Valley Bank Burglar; YSU, EGCC Enrollment

Guy D’Astolfo, entertainment editor at The Business Journal, gave a preview of notorious Mahoning Valley bank burglar Amil Dinsio’s appearance at the Robins Theatre in Warren for a special “Youngstown Mob Talk” event.

Dinsio, who told his story at Friday’s event, has a long résumé of bank break-ins. His most famous job came in 1972, when he and his crew gained entry into a California bank they believed held President Richard Nixon’s ill-gotten money.

On the education front, Denise Dick, special project manager at The Business Journal, detailed Youngstown State University’s increased enrollment for the spring semester. Enrollment was bolstered by a record number of students in the graduate college.

At Eastern Gateway Community College, however, enrollment plunged more than 63% from a year ago as it adapts to the end of its free college program. John Crooks, interim president, said it’s on target for what the college expected. “I think we’re where we need to be,” he said.

Here’s a look at those stories and other top stories this week from BusinessJournalDaily.com:

Notorious Valley Bank Burglar Dinsio to Open Vault of Memories

Notorious Mahoning Valley Bank Burglar Amil Dinsio.

A lot has been written and said over the years about master bank burglar Amil Dinsio. Filmmakers and documentarians also shared the story of the notorious Mahoning Valley native.

Dinsio, who still lives in the Valley, has a long résumé of bank break-ins. His most famous job came in 1972, when he and his crew gained entry into a California bank they believed held President Richard Nixon’s ill-gotten money. READ

YSU Spring Enrollment Increases from Last Year

Youngstown State University spring enrollment is up by more than 200 students, bolstered by record enrollment in the graduate college, while undergraduate enrollment slipped by more than 100 compared with a year ago.

The numbers are preliminary for the 14th day of the new semester, which started Jan. 8. Based on headcount, the overall spring enrollment is 10,580, up from 10,368 in spring 2023, according to numbers released Monday by the university. READ

Steelite Eyes June Construction Start for Pa. Distribution Center

Steelite International
John Miles, Steelite International’s president and CEO, speaks during a news conference in the company’s global showroom and experience center in downtown Youngstown in June 2022.

Steelite International could begin construction in June on a new distribution center near its current facilities in Neshannock Township, Pa., the company’s president and CEO said Tuesday.

Steelite, which manufactures and supplies tabletop, buffet and lighting options for the hospitality industry, had announced in a Monday afternoon news release it had signed a definitive agreement to purchase a 96-acre site near its existing facilities on Keystone Drive in Neshannock, where it plans to develop “a cutting-edge distribution facility.” READ

Forecasting Interest Rates and the Future of Small Banks

Will interest rates be cut by the central bank this year? Loretta Mester, Cleveland Fed president and CEO, did not rule it out if economic factors continue to evolve positively.

Mester spoke Tuesday at the 2024 Ohio Bankers League Economic Summit in Columbus, addressing the possibility of cutting interest rates and the future of small banks, as well as taking the opportunity to thank bankers in the room for working with the Fed during the trying road since the Covid-19 pandemic. READ

Other Top Stories

Eastern Gateway Spring Enrollment Plummets 63%
North Lima Manufacturing Building Sold for $900K
Utica Shale Academy Purchases Building for $500K
Former USF Holland Truck Terminal Sold for $15.5M
Newly Renovated Paige’s Deli Aims for a Clubhouse Atmosphere
Event Provides ‘Great Opportunity’ for YSU Students to Meet Employers
Judge OKs Chill Can Attorneys’ Withdrawal from City Case
New Vehicle Sales Off to Strong Start in 2024

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