But other industry stocks also showed significant gains with KapStone Paper and Packaging (KS), PF Glatfelter (GLT), Domtar (UFS), Neenah Paper (NP), Clearwater Paper (CLW) and Sonoco Products (SON) gaining 6.2%, 5.6%, 4.2%, 4.4%, 3.3% and 3.2%, respectively, during the same two-day period.

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The land on which White Oak sits has been in the Gilman family since the 1940s, when Charles Gilman, son of the founder of the Gilman Paper Co.

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"I got up, got everyone out, made sure my son got out, " Conway told the paper.

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