EXHIBIT 10.13

                                 AMENDMENT NO. 4
                             TO EMPLOYMENT AGREEMENT

      This Amendment No. 4 (the "AMENDMENT") to the Employment Agreement, dated
as of July 10, 2000, as amended by that certain Amendment No. 1 to the
Employment Agreement dated as of December 8, 2000 ("AMENDMENT NO. 1"), that
certain Amendment No. 2 to the Employment Agreement dated as of March 22, 2001
("AMENDMENT NO. 2") and that certain Amendment No. 3 to the Employment Agreement
dated as of July 10, 2001 ("AMENDMENT NO. 3") (as so amended, the "AGREEMENT"),
between John G. Raos, residing at 16 Castle Hill Way, Stuart, Florida 34996
("EXECUTIVE"), and Precision Partners, Inc., a Delaware corporation (the
"COMPANY"), is entered into as of September 30, 2001. Capitalized terms used but
not defined will have the respective meanings assigned to them in the Agreement.

                                    RECITALS

            A.    Executive is currently the President and Chief Executive
Officer of the Company and Precision Partners Holding Company, a Delaware
corporation ("PPHC", and together with the Company collectively, "PRECISION"),
and a member of the Boards of Directors of Precision.

            B.    Each of Executive and Precision desires to amend the Agreement
as follows.

      Accordingly, the parties hereby agree as follows:

      Section 1.  Amendments.  The Agreement is hereby amended as set forth
below:

            1.1 Section 1.4 of the Agreement is hereby amended by deleting in
      its entirety the phrase "second anniversary hereof" in the first sentence
      of such Section 1.4 and replacing it with the phrase "third anniversary
      hereof".

            1.2 Section 1.5(c)(i) of the Agreement is hereby amended and
      restated in its entirety as follows:

                  (c) Equity Redemption. (i) Notwithstanding anything to the
      contrary contained herein or in the LLC Agreement, subject to Executive
      assisting the Precision Boards in completing a prompt and effective
      management transition,

                        (A) if on or before September 30, 2002, Executive's
                  employment is terminated for any reason or for no reason as
                  set forth in Section 1.8, within 60 days after the Termination
                  Date, Executive will sell to LLC or its designee, and the
                  Company will cause LLC or its designee to purchase in cash
                  from Executive, (I) other than with respect to clause (II),
                  his equity interest in LLC at cost, and (II) with respect to
                  any equity interest in LLC issued to Executive upon the
                  exercise of options, such equity interest at the fair market
                  value thereof as of the Termination Date (as determined by the
                  management committee of LLC in its good faith discretion) and;
                  provided, however, that notwithstanding the foregoing, this
                  clause (A) will be of no further force or effect (x) if on or
                  after September 30, 2001 through and including September 30,
                  2002, but prior to delivery of a termination notice as set
                  forth in Section 1.8 or the Executive's Notice or the
                  Company's Notice, the Company consummates an acquisition which
                  has a total purchase price of at least $10 million, including
                  all earn-outs and contingent payments calculated as if all
                  conditions were met and such amounts were due and payable upon
                  closing (a "$10 MILLION ACQUISITION") or (y) if on or after
                  September 30, 2001 through and including September 30, 2002,
                  but prior to delivery of a termination notice as set forth in
                  Section 1.8 or a $10 million Acquisition, the Executive's
                  Notice (as defined below) or the Company's Notice (as defined
                  below) has been delivered and' the Company consummates a Mid
                  State Sale as set forth in Section 1.5(c)(ii);

                        (B) if on or after the earliest to occur of October 1,
                  2002, a $10 Million Acquisition and a Mid State Sale in which
                  the Executive's Notice or the Company's Notice has been
                  delivered, the Company terminates Executive's employment
                  without Cause or Executive terminates his employment with Good
                  Reason as set forth in Section 1.8(a)(i), within 60 days after
                  the Termination Date, Executive will sell to LLC or its
                  designee, and the Company will cause LLC or its designee to
                  purchase in cash from Executive, his equity interest in LLC at
                  the fair market value thereof as of the Termination Date (as
                  determined by the management committee of LLC in its good
                  faith discretion); or

                        (C) if the Company provides a Non-Renewal Notice to
                  Executive, within 60 days after the Termination Date, at
                  Executive's election, Executive will sell to LLC or its
                  designee, and the Company will cause LLC or its designee to
                  purchase in cash from Executive, his equity interest in LLC at
                  the lower of cost and the fair market thereof as of the
                  Termination Date (as determined by the management committee of
                  LLC in its good faith discretion);

      provided, however, that in the case of Sections 1.5(c)(i)(A), (B) and (C),
      if Executive breaches his obligation to assist the Precision Boards in
      completing a prompt and effective management transition, LLC or its
      designee will retain for a one-year period after such Termination Date the
      right, but not the obligation, to purchase in cash from Executive, and
      Executive will sell to LLC or its designee upon notice from LLC or its
      designee, his equity interest in LLC at cost; provided, further, however,
      subject to other applicable provisions of this Agreement, if LLC or its
      designee has not purchased Executive's equity interest in LLC as may be
      required within 60 days after the Termination Date or within five days
      after a Mid State Sale in which the Executive's Notice or the Company's
      Notice has been delivered, as applicable, simple interest shall accrue at
      an annual rate of 8% on such payment commencing on the 61st day following
      the Termination Date or the sixth day following the Mid State Sale, as
      applicable, to the date such payment is made by LLC or its designee to
      Executive.

            1.3 Section 1.5(c)(ii) of the Agreement is hereby renumbered as
      Section 1.5(c)(iii) and Section 1.5(c) is hereby amended by adding the
      following as Section 1.5(c)(ii):

                  (ii) Notwithstanding anything to the contrary contained
            herein, if on or after September 30, 2001 through and including
            September 30, 2002, but prior to delivery of a termination notice as
            set forth in Section 1.8 or a $10 million Acquisition, the
            Executive's Notice or the Company's Notice has been delivered and
            the Company consummates a sale of Mid State Machine Products to an
            unaffiliated third party (the "MID STATE SALE"), Executive will sell
            to LLC or its designee, and the Company will cause LLC or its
            designee to purchase in cash from Executive, (A) other than with
            respect to clause (B), his equity interest in LLC at cost, and (B)
            with respect to, any equity interest in LLC issued to Executive upon
            the exercise of options, such equity interest at the fair market
            value thereof as of the consummation of the Mid State Sale (as
            determined by the management committee of LLC in its good faith
            discretion), within five days after consummation of the Mid State
            Sale (with such obligation accruing upon the consummation of a Mid
            State Sale).

            1.4 Renumbered Section 1.5(c)(iii)(A) of the Agreement is hereby
      amended by deleting in its entirety the phrase "Sections (c)(i)(B) and
      (C)" in the first sentence of such Section 1.5(c)(iii)(A) and replacing it
      with the phrase "Sections 1.5(c)(i) and (ii)".

            1.5 Renumbered Section 1.5(c)(iii)(C) of the Agreement is hereby
      amended and restated in its entirety as follows:

                  Notwithstanding the last proviso in Section 1.5(c)(i), if
            Executive delivers a Dispute Notice to LLC pursuant to Section
            1.5(c)(iii)(A), then the calculation of the 60-day period following
            the Termination Date and the five-day period following the Mid State
            Sale, as applicable, will be tolled.

            1.6 The definition of "Appraiser" in Section 1.10 of the Agreement
      is hereby amended by deleting in its entirety the phrase "Section
      1.5(c)(ii)(B)" in such definition and replacing it with the phrase
      "Section 1.5(c)(iii)(B)".

            1.7 Section 1.10 of the Agreement is hereby amended by adding to
      such Section 1.10 after the definition of "Company Board" the following
      definition of "Company's Notice":

            "COMPANY'S NOTICE" means the written request of the Company to
            Executive to effect a sale and purchase of Executive's equity
            interest in LLC as set forth in Section 1.5(c)(ii) that is delivered
            no earlier than ten days and no later than five days prior to the
            Mid State Sale.

            1.8 The definition of "Dispute Notice" in Section 1.10 of the
      Agreement is hereby amended by deleting in its entirety the phrase
      "Section 1.5(c)(ii)(A)" in such definition and replacing it with the
      phrase "Section 1.5(c)(iii)(A)".

            1.9 Section 1.10 of the Agreement is hereby amended by adding to
      such Section 1.10 after the definition of "Executive Committee" the
      following definition of "Executive's Notice":

            "EXECUTIVE'S NOTICE" means the written request of Executive to the
            Company to effect a sale and purchase of Executive's equity interest
            in LLC as set forth in Section 1.5(c)(ii) that is delivered no
            earlier than ten days and no later than five days prior to the Mid
            State Sale.

      Section 2.  Effectiveness.  This Amendment will be deemed effective as of
September 30, 2001.

      Section 3. Miscellaneous. This Amendment constitutes the entire agreement,
and supersedes all prior agreements and understandings (both written and oral),
between the parties hereto with respect to the subject matter hereof. Except as
expressly provided herein or in Amendment No. 1, Amendment No. 2 or Amendment
No. 3, the Agreement remains in full force and effect without modification or
alteration.

      Section 4. Counterparts. This Amendment may be executed in separate
original or facsimile counterparts, each of which will be deemed to be an
original instrument and all of which taken together will constitute a single
instrument.
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      IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of the date first above written.

                                       PRECISION PARTNERS, INC.



                                       By /s/ Frank R. Reilly
                                          --------------------------------------
                                          Frank R. Reilly
                                          Executive Vice President and
                                            Chief Financial Officer

                                       EXECUTIVE

                                       /s/ John G. Raos
                                       -----------------------------------------
                                       John G. Raos