12/5/2021 · With the tires positioned on the rails, the flanged guide wheels of the Hy-Rail were lowered, locked in place, and the steering was locked, to make the car track ready. Fairmont Machine Company, which was established in the early 1900s in Fairmont, Minnesota, became Fairmont Railway MotorsPerfect in the 1920s, and it developed the Hy-Rail in the 1940s.