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LUDLOW — The ongoing $138.7 million redevelopment of the 1.1-million-square-foot Ludlow Mills complex needs federal and state money to move forward — and developers would like to have that money a little more quickly.

That was their message Wednesday to Mike Kennealy, the state’s new secretary of housing and economic development, who kicked off a day in Western Massachusetts with a tour of the Ludlow Mills project.

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