 Its 100th anniversary celebration was held in the summer of 2009.Fairmont products are exported around the world, although the dominant product, railroad speeders, is now mainly in the hands of railway enthusiasts who operate them for fun, such as the North American Railcar Operators Association and the Australian Society of Section Car Operators, Inc.

Fairmont is home to the U.S. headquarters of Avery Weigh-Tronix, one of the world's largest suppliers of weighing solutions.The "Fairmont Sentinel", cited as the most conservative newspaper in Minnesota, is published here.