The company Fagerhult AB is the core of the community; established in the 1950's; it's the main reason that Fagerhult is as big as it is today. From the beginning it's where a farm called "Fagerhult Farm" at the location of today's Community, and Picture of early Fagerhult is to be seen in the local Towns Hall. The Town also has its own floorball team, called BIFF (Brandstorps Idrotts Förening Fagerhult), which won the Swedish nationals in 2004.