The growth of deep learning in the past decade has motivated important applications to smart manufacturing and machine health monitoring. In particular, vibration data offers a rich and reliable source to provide meaningful insights into machine health and predictive maintenance. In this work, we present a Transformer based framework for analyzing vibration signals to predict different types of bearing faults (FaultFormer). In particular, we process signal data using data augmentations and extract their Fourier modes to train a transformer encoder to achieve state of the art accuracies. The attention mechanism as well as model outputs were analyzed to confirm the transformer's ability to automatically extract features within signals and learn both global and local relationships to make classifications. Lastly, two pretraining strategies were proposed to pave the way for large, generalizable transformers that could adapt to new data, situations, or machinery on the production floor.